MBA Hotel Brokers, Inc. announces the successful December 2016 sale of the 46 key Super 8 Iowa Falls, Iowa for a final sale price of $1,550,000. MBA Hotel Brokers secured the buyer within 2 months of listing the Super 8. Total time from listing to closing was less than five months.
MBA Hotel Brokers announces the sucessful sale of an independent boutique hotel in Somerset, New Jersey. John Downes, Associate Broker, represented the seller, whom he knew for many years through personal sales calls both while at Wyndham Hotel Group as a Franchise Sales Director, and while with MBA Hotel Brokers Inc.
MBA Hotel Brokers gave the listing national exposure through its extensive database of potential buyers. In addition, John Downes knew several potential buyers in the Northern New Jersey market. One of these contacts was the owner of a nearby Holiday Inn Express whom John had met during a previous MBA Hotel Brokers personal sales call to the area. This buyer formed a partnership to purchase the Somerset hotel. MBA Hotel Brokers worked with Thomas J. Fox, T.J. Fox Company, as the in-state licensed broker in New Jersey.
Independent Hotel, Georgia Sold
Super 8, Arkansas Newly Converted - Sold
Independent Ocean Front, Puerto Rico Sold
Hampton Inn, West Virginia Sold
Best Western, PA Sold $3,200,000
Best Western, Virginia Motel 6 Conversion
Independent, Iowa Distressed Sale
Econo Lodge, AL. Sold Un-Disclosed Price
Ramada at BWI, MD Sold $6,300,000
Country Inn Suites WV. Un-Disclosed Price
Independent, South Carolina. Sold $1,575,000
Comfort Suites, Arkansas
Best Western, Penn.
Grand Ocean Hotel, Virginia. Sold $12,000,000
Country Inn & Suites, New York. Sold $4,170,000
Comfort Inn, South Carolina. Sold $3,350,000
Super 8, Arkansas. Sold $2,183,000
Best Western, Virginia. Sold $3,500,000
Holiday Inn Express, PA. Sold $9,150,000
Quality Inn, PA. Sold $2,750,000
Independent, Iowa. Sold $1,245,000
Ramada Inn, Florida. Sold $1,650,000
Comfort Inn & Suites, PA. Sold $5,150,000
Hampton Inn, Maryland. Sold $6,662,500
Country Inn & Suites, PA. Sold $4,500,000
Holiday Inn Express, PA. Sold $7,225,000
Wingate by Wyndham, PA. Sold $6,100,000
"Thank you Charlie for all the work you did in getting us to a sale. I appreciate the balance and guidance you provided during the negotiations. Without it, I doubt the sale would have happened" - Seller of Country Inn & Suites, New York