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Rivercrest Realty Associates Acquires Winston-Salem Hotel For $17.8M

1995 Hampton Inn Court
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This Hotel property located in NC was sold for $17,840,000 over 1 year ago.

The hotel located at 1995 Hampton Inn Court in Winston-Salem, NC was recently sold for a total price of $17,840,000. This property, consisting of 108 keys, was sold at an average price per key (PPK) of $165,185.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $17,840,000
  • Address: 1995 Hampton Inn Court, Winston-Salem, NC
  • Market: Winston-Salem, NC

Rivercrest Realty Associates acquired the hotel from the previous owner, Richardson Corp.

These are the key individuals and companies involved in the transaction:

  • Buyer: Rivercrest Realty Associates
  • Seller: Richardson Corp

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Deals
  • Location
    1995 Hampton Inn Court, Winston-Salem, North Carolina 27103, United States1995 Hampton Inn Court, Winston-Salem, North Carolina 27103, United States
  • Sale Price
    $17,840,000$17,840,000
  • Asset Type
    HotelHotel

Deal Summary

SALE DATE: 09/12/2022 ADDRESS: 1995 Hampton Inn Court MARKET: Winston-Salem, NC ASSET TYPE: Hotel BUYER: Rivercrest Realty Associates SELLER: Richardson Corp SALE PRICE: $17,840,000 KEYS: 108 ~ PPK: $165,185

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