Hunter Advisors is pleased to announce the exclusive opportunity to acquire the CU-1 Condominium Unit of the Arya Hotel & Suites, a premier 22-story, bayfront asset in the heart of Miami’s most historic and supply-constrained "urban village"—Coconut Grove. The offering features the management of 57 apartment-style units (89 keys) and 31,400 SF of exclusive-use real estate, including a leased 4,300 SF signature restaurant, 6,300+ SF of premium meeting and terrace space, and institutional-grade back-of-house infrastructure.
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Irreplaceable Coconut Grove Location: Situated in the epicenter of a premier, high-barrier-to-entry market, the Property offers walkable access to Biscayne Bay and over 100 luxury dining and retail destinations in Miami’s most historic and supply-constrained "urban village."
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Quantifiable ADR/RevPAR Upside: The property currently underpenetrates its competitive set by approximately $35 in ADR and $28 in RevPAR, representing a clear path to a "rate premium" via its superior apartment-style floor plans.
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Unencumbered Positioning: Delivered fully unencumbered of brand and management, allowing for an immediate pivot to "Upper Upscale" or Luxury segments.
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Efficient Rebrand Cost Structure: The Property’s condominium framework significantly mitigates brand transition costs, as the association remains responsible for common area improvements while third-party unit owners are responsible for individual in-unit upgrades.
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Significant Platform Expansion: With only 27% of the building’s units currently participating in the Hotel Program, the offering presents a compelling "low-hanging fruit" opportunity to rapidly scale the management platform and capture a dominant share of the remaining inventory.