SOLD
Banks Rock LLC Acquires Four Points By Sheraton Greensboro Airport Hotel In Greensboro For $11.75M
7619 Thorndike Road - Four Points by Sheraton Greensboro Airport
Hotel
Sold 101 days ago
Summary
Sale
NORTH CAROLINA
Hotel
Cushman & Wakefield has facilitated the $11.75 million sale of Four Points by Sheraton Greensboro Airport, a 112-room hotel located at 7619 Thorndike Road in Greensboro, NC. The hotel was sold by Jai Amba Maa (JAM) Hospitality GSO Airport LLC to Banks Rock LLC. This transaction took place on January 23, 2024.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $11,750,000
- Address: 7619 Thorndike Road
- Market: Greensboro, NC
The sale was facilitated by Christopher Passeggiata, David Greenberg, Gabriel Shamay, and Rick Redmond of Cushman & Wakefield. They represented Banks Rock LLC as their brokers in this deal.
It is worth noting that the Four Points by Sheraton Greensboro Airport hotel consists of 112 rooms and has a price per key (PPK) of $104,911.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Christopher Passeggiata, David Greenberg, Gabriel Shamay & Rick Redmond
DATE: 01/23/2024
ADDRESS: 7619 Thorndike Road - Four Points by Sheraton Greensboro Airport
MARKET: Greensboro, NC
ASSET TYPE: Hotel
BUYER: Banks Rock LLC
SELLER: Jai Amba Maa (JAM) Hospitality GSO Airport LLC
BROKERS: Christopher Passeggiata, David Greenberg, Gabriel Shamay & Rick Redmond - Cushman & Wakefield
SALE PRICE: $11,750,000
KEYS: 112 ~ PPK: $104,911
NOTE: Cushman & Wakefield has facilitated the $11.75 million sale of Four Points by Sheraton Greensboro Airport, a 112-room hotel in Greensboro, NC.View on map
Loading...
Address7619 Thorndike Road - Four Points by Sheraton Greensboro Airport
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want