February 15, 2018 – MBA Hotel Brokers, Inc. announces the sale of the Comfort Suites Council Bluffs Iowa. Suresh Patel, Associate Broker with MBA Hotel Brokers, represented the Seller, R&J Hospitality.
The 66 room Comfort Suites is 20 years old and located in the Omaha – Council Bluffs metro area. The Comfort Suites benefits from its easy access off Interstate 29 and 80 and proximity to three casinos in Council Bluffs.
The hotel began a large renovation in 2017 which was on-going during the contract period, a challenge which required multiple adjustments to the sale price. Suresh Patel, broker, worked diligently on behalf of the seller to move the deal along from a variety of issues through the length of the listing and the contract to bring the deal to a successful closing.
MBA Hotel Brokers Inc. has been advising on hotel transactions for over 20 years with a corporate office in Maryland and additional branch locations around the country. MBA Hotel Brokers Inc. has closed hundreds of hotel sales, in 26 states throughout the USA. For more information, contact Charlie Fritsch, President, at Charlie@mbahotels.com, or Suresh Patel, Associate Broker at firstname.lastname@example.org. On the web at www.mbahotels.com.