DEAL OVERVIEW
Hunter Hotel Advisors is pleased to offer, on an exclusive basis, the opportunity to acquire seven corporate owned and managed Extended Stay America hotels located in South Bend, Indiana; Birmingham and Huntsville, Alabama; Columbia, Maryland; and Jackson, Mississippi. Spanning across markets with numerous demand drivers, the portfolio presents a unique opportunity to establish a well-diversified presence in the high demand extended stay hotel market. With a strong mix of corporate and leisure demand, the portfolio’s performance has proven its resiliency during any economic climate. The properties are institutionally owned and managed, providing an excellent opportunity for regional operators to drive additional value through a revamped management strategy. The extended stay segment has proven to be an attractive sector due to its lean operating model, high yield, and consistent profitability driven by a diverse customer base and increased average length of stay.
Property | Address | Keys | Year Built |
Extended Stay America South Bend - Mishawaka - South | 4715 N Main St, Mishawaka, IN 46545 | 73 | 1997 |
Extended Stay America South Bend - Mishawaka - North | 5305 N Main St, Mishawaka, IN 46545 | 104 | 2001 |
Extended Stay America Birmingham - Inverness | 101 Cahaba Park Cir, Birmingham, AL 35242 | 71 | 1996 |
Extended Stay America Birmingham - Wildwood | 40 State Farm Pkwy, Birmingham, AL 35209 | 71 | 1996 |
Extended Stay America Huntsville - U.S. Space and Rocket Center | 4751 Governor’s House Dr, Huntsville, AL 35805 | 108 | 1997 |
Extended Stay America Columbia – Gateway Drive | 6620 Eli Whitney Dr, Columbia, MD 21046 | 95 | 1997 |
Extended Stay America Jackson - Ridgeland | 800 Ridgewood Rd, Ridgeland, MS 39157 | 72 | 1996 |