HREC arranges sale of Baymont Inn, Microtel Inn in Pennsylvania

microtel

HREC Investment Advisors arranged the sale of 70-guestroom Baymont Inn & Suites Mechanicsburg Harrisburg West and the 69-guestroom Microtel Inn & Suites by Wyndham Enola, both located in Pennsylvania.

Ketan Patel, SVP in the Washington D.C. office and Geoff Davis, president & senior principal in the New York office, exclusively represented the seller during the transaction.

The Baymont Inn & Suites Mechanicsburg Harrisburg West is located near Interstate 81 (I-81) and the Pennsylvania Turnpike (I-76). The Microtel Inn & Suites by Wyndham Enola is located off Interstate 81 (I-81), giving the hotel access to metropolitan areas throughout the northeastern United States including Baltimore, Philadelphia and Washington D.C.

Suggested Articles

IHG expects Atwell Suite’s first location will break ground early next year and open in 2021.

The InterContinental Okinawa Chura Sun Resort will debut in 2023.

In addition to a new deal to expand in Denmark, the chain also is growing in France, Greece and Vietnam.