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Equity Inns Adds Courtyard by Marriott to Portfolio

REIT Buys 93-Room Bowling Green Hotel for $6.9M
By Derek Lisle
March 7, 2005 | 8:18 P.M.

Equity Inns Inc. of Germantown agreed to acquire Courtyard by Marriott in Bowling Green, KY, for $6.9 million, or $74,194 per room, with a cap rate in excess of 10%.

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