ANZ Hospitality Acquires Sheraton Great Valley Hotel In Frazer For $11.9M

ANZ Hospitality LLC, a Malvern-based hospitality company, has acquired the Sheraton Great Valley Hotel in Frazer, PA for $11.9 million. This acquisition marks ANZ Hospitality's second Sheraton hotel purchase in the region. The Sheraton Great Valley Hotel is located at 707 Lancaster Avenue and is a prominent asset in the hotel market of Frazer. The hotel comprises 193 keys, with a price per key of $61,658.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $11,900,000
• Address: 707 Lancaster Avenue - Sheraton Great Valley Hotel, Frazer, PA
• Market: Frazer, PA

Chirag Patel, representing ANZ Hospitality, facilitated the acquisition of the Sheraton Great Valley Hotel. On the other hand, Kenneth Kochenour, from GF Management, acted as the seller's representative in this deal.