Huff, Niehaus & Associates closes Country Inn sale

Huff, Niehaus & Associates, a member of Hotel Brokers International, closed the sale of the 75-unit, three-story Country Inn & Suites located in London, Kentucky. The hotel has a highly visible and accessible location off I-75.

Brandt Niehaus, CCIM and president of Huff, Niehaus & Associates, exclusively brokered the transaction, working closely with the Buyer and Seller to negotiate a mutually acceptable sale.  The hotel was purchased by Longman Properties II, who plans to continue to operate as a Country Inn & Suites with the Carlson Generation 4 Prototype Plan. The final sale price was $3.7 million, and financed with a SBA 504c loan.

Virtual Event

Hotel Optimization Part 3 | January 27, 2021

With 2020 behind us and widespread vaccine distribution on the horizon, the second half of the new year is looking up, but for Q1 (and most likely well into Q2) we’re very much still in the thick of what has undeniably been the lowest point of the pandemic. What can you be doing now to power through and set yourself up for a prosperous 2021 and beyond? Join us at Part 3 of Hotel Optimization – A Virtual Event on January 27 from 10am – 1:05pm ET for expert panels focused on getting you back to profitability.