Printers Alley Investments LLC Acquires Nashville Hotel For $82.6M

The downtown Dream Hotel in Nashville, Tennessee has been sold for $82.6 million. The hotel, located at 210 Fourth Avenue North, spans 27,000 square feet and boasts 168 keys. This translates to a price per square foot of $3,059 and a price per key of $491,667. The sale price of $82.6 million equates to an average of $491,666 per room.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $82,600,000
• Address: 210 Fourth Avenue North, Nashville, TN
• Market: Nashville, TN
• Square Footage: 27,000
• Price per Square Foot: $3,059
• Keys: 168
• Price per Key: $491,667

Printers Alley Investments LLC was the buyer in this transaction, while the seller was 4Pant LLC, represented by Alex Marks and Bill Barkley.