Paramount Lodging Advisors (PLA) has successfully transacted the Courtyard by Marriott and Hampton Inn Statesville, NC. PLA Partners Mike Schlictman and Andrew Makhlouf represented the seller in the transactions.
The 94-room Courtyard and 80-room Hampton Inn are both proximate to all local leisure demand generators, most notably Statesville Civic Center, Lake Norman, and Statesville Park and Soccer Complex. The properties were sold individually as part of a larger institutional portfolio sale.
“As part of our ongoing efforts to deliver exceptional results for our clients, we’re proud to have recently brokered the sales of two institutional assets: the Hampton Inn Statesville and the Courtyard by Marriott Statesville. These deals highlight the sustained interest in well-located, select-service hotels in growing secondary markets. Our team was able to leverage deep market insights and strong relationships to secure favorable outcomes for both the buyers and sellers, ensuring a seamless transaction process,” stated Schlictman.
