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Super Suites Sells for $15M

Author: Diana Heeb Bivona

The Buckley Trust sold the Super Suites motel at 3625 Boulder Highway to the Siegel Group, Inc. for $15 million, or approximately $80,645 per room. Built in 1996, the two-story motel measures 73,135 sq. ft. It is comprised of 186 rooms and is on 10.18 acres of C-2 zoned land. Siegel intends to build an additional 500 units on the land.

This entry was posted on Saturday, January 27th, 2007 at 1:15 am and is filed under Commercial Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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