Wednesday, November 18, 2009

Marcus & Millichap Sells 117-Room Hotel in Titusville, FL


 TITUSVILLE, FL, Nov. 18, 2009 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Comfort Inn,  (top left photo) a 117-room hotel property located in Titusville, Florida, according to Bryn D. Merrey, Regional Manager of the firm’s Tampa office.

The asset commanded a sales price of $3,000,000.

Jaimin P. Patel, a Senior Associate in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a bank/financial institution.

Comfort Inn is located at 3655 Cheney Highway. This is a 117-room hotel built in 1974, located just off I-95 and situated just eight miles from NASA and Cocoa Beach. Comfort Inn is the largest Choice Hotels brand and one of the leading mid-scale, limited-service chains in the world.

Press Contact:  Bryn D. Merrey, Regional Manager, Tampa, (813) 387-4700
 

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