ARLINGTON, TX-Three Hampton Inn & Suites located in Texas and Arkansas have traded for a total of $26 million in three separate transactions. Atlanta-based Hunter Realty represented the sellers in the deals.
The properties include: Hampton Inn & Suites Dallas/Arlington-South in Arlington, TX; the the Hampton Inn & Suites in Texarkana, TX; and the Hampton Inn & Suites in Pine Bluff, AR.
Both Texas hotels were sold by D&D Development. The buyer was Apple REIT Nine Inc. The Arkansas hotel was sold by New Crest Management. The buyer was a Midwest-based physician who is entering the hospitality business, according to Teague Hunter, president of Hunter Realty.
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