YORK, PA-MBA Hotel Brokers has completed the $4.5 million sale of Country Inn & Suites here.
Charlie Fritsch of MBA represented the seller, Hospitality Lodging Investors, in the sale to Dasnudas, LLC.
The 67-key hotel at 245 Saint Charles Way has been “a steady performer and is expected to continue this trend,” Fritsch said.
Bill Nuttall of Hospitality Lodging Investors said MBA did comprehensive marketing of the property. “Their database of potential buyers and sellers and their extensive knowledge and experience is very impressive and effective,” he said.
“We worked through every challenge to arrive at the goal, a successful transaction close," said Fritsch.
MBA Hotel Brokers has five brokers carrying licenses in 11 states. The company has sold hotels throughout the U.S. and world. Fritsch is the founder and president.
MBA is a member of Hotel Brokers International, which has more than 75 affiliated hotel brokerage specialists. The organization's database currently has more than 150 property listings and the HBI website attracts more than 50,000 monthly site visitors from approximately 40 different countries.
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