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Apple REIT Pays $12.5M for Allen Hampton Inn

Gateway Hospitality Sells 103 Rooms at 830 W. Stacy Road
By Giulio Crivello Guidi
October 28, 2008 | 3:42 P.M.

Apple REIT Cos. acquired the Hampton Inn & Suites at 830 W. Stacy Road in Allen, TX, from Gateway Hospitality Group Inc. for roughly $12.5 million, or about $121,359 per room.

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