West Bay Beach Holiday Inn Resort/615 East Front St.
Address
West Bay Beach Holiday Inn Resort/615 East Front St.
City/State:
Traverse City, Michigan - MI
Size:
179
Property type:
Hotel & Resort
Status:
SOLD
Transaction Date:
01/23/2019
Buyer:
A venture led by Greenwich Hospitality Group
Seller:
ValStone Partners
Price:
$23,200,000
Price per unit /sqft:
$129,609
Note:
The buyer plans to rename the four-story property Delamar Traverse City and will invest another $10 million on renovations over the next two years.
