JNR Management Inc Acquires Hotel In Framingham, MA For $15.8M | 400 Staples Drive | Matthew Enright, Alan Suzuki | Hotel | Sale

Summary

Sale

MASSACHUSETTS

Hotel

The hotel property located at 400 Staples Drive in Framingham, MA has been sold for a transaction amount of $15,800,000. The property, with a total of 125 keys, was acquired by JNR Management Inc from Apex Capital Investments.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $15,800,000
Date: 11/09/2022
Address: 400 Staples Drive, Framingham, MA
Buyer: JNR Management Inc
Seller: Apex Capital Investments
Brokers: Alan Suzuki & Matthew Enright - JLL

The deal was facilitated by Alan Suzuki and Matthew Enright from JLL, representing both the buyer, JNR Management Inc, and the seller, Apex Capital Investments.

In this transaction, each key of the hotel was valued at approximately $126,400.

Players

All
3

Agents
2
Agencies
1

$70.1M Sold

$70.1M Sold

Details

Deal Summary

SOLD

IMAGE: Alan Suzuki & Matthew Enright DATE: 11/09/2022 ADDRESS: 400 Staples Drive MARKET: Framingham, MA ASSET TYPE: Hotel BUYER: JNR Management Inc SELLER: Apex Capital Investments BROKERS: Alan Suzuki & Matthew Enright - JLL (@JLL) SALE PRICE: $15,800,000 KEYS: 125 ~ PPK: $126,400

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Address400 Staples Drive

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