Updated Aug 14, 2026
SOLDOther
Chartwell Hospitality Sells Other Asset At 7225 Sleepy Hollow Drive For $25,000,000 In Southaven
7225 Sleepy Hollow Drive
$25,000,000
Building Size
—
Asset Type
Other
Closing
Dec 5, 2024
About this deal
AI
The property asset involved in this transaction is located at 7225 Sleepy Hollow Drive, Southaven, MS. The asset is categorized as 'Other' and was sold for a price of $25,000,000.00.
Summary of transaction details:
- Property Type: Other
- Transaction Amount: $25,000,000.00
- Sale Date: 12/05/2024
- Seller: Chartwell Hospitality
- Market: Southaven, MS
The transaction involved Chartwell Hospitality as the seller, marking a significant transfer within the local market. The specifics of the deal highlight their role in managing the property through the sale process.
On the Map
$25,000,000
Other
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Players
Hunter Hotel AdvisorsBrokerage
Southaven Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93