Login

Local Investment Company Pays $8 Million for Richmond Hotel in Redevelopment Play

Historic Housing Plans to Transform Former Quality Inn & Suites Into 322-Unit Apartment Community
By Brian Hobson
December 4, 2018 | 9:33 P.M.

Historic Housing, a local full service investment firm, purchased a 189-room hotel in Richmond, Virginia, from Better Housing Coalition. Quality Inn & Suites sold for $8 million, or about $42,000 per room.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE