19 Sep2019

Hunter Hotel Advisors Completes Sale of SpringHill Suites Ashburn/Dulles VA

Hunter Hotel Advisors - the nation’s leading investment advisory firm focused exclusively on the hotel industry – announces the sale of the SpringHill Suites Ashburn/Dulles Virginia to SAK Developers, LLC, a private investment group based in Richmond, VA.

The hotel was built in 2009 and is located near Dulles International Airport, just outside Washington DC.

“This is the second hotel SAK Developers has purchased from Hunter this fiscal year and we are proud to assist as they build out their portfolio.  The SpringHill Suites Ashburn/Dulles is located in Fairfax County, an economic powerhouse of Northern Virginia, where we can confidently forecast strong REVPar growth and NOI for the owner.” – David Perrin, Senior Vice President,  Hunter Hotel Advisors.

The institutional seller wished to remain anonymous.

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