AWH Partners purchases Hotel Trio Healdsburg in Sonoma County, US

AWH Partners has acquired the 122-room all-suite property, Hotel Trio Healdsburg, successful Sonoma County, California, US.

The spot is simply a soft-branded Residence Inn and is said to beryllium the sole Marriott-branded edifice successful bluish Sonoma.

This acquisition is the company’s archetypal for its Strategic Income Fund, which was introduced past year.

AWH Partners purchased the edifice for $38m, noting this arsenic a important discount comparative to an estimated replacement outgo supra $500,000 per cardinal for Sonoma County.

The institution projects an mean yearly dividend supra 8% and a projected nett levered IRR [internal complaint of return] of 17.40% from this investment.

This is AWH Partners' 2nd large acquisition since June 2022.

Upon completion of the transaction, AWH Partners’ wholly owned subsidiary Spire Hospitality volition run Hotel Trio Healdsburg.

AWH Partners co-founder and spouse Russ Flicker said: “This announcement further demonstrates our quality to pinpoint charismatic opportunities done our data-driven AI-supported probe platform.

“Having aggregated much than 15 years of concern and marketplace data, we measurement furniture data-driven findings with our ain heavy knowing of markets and semipermanent economical indicators to place the close locations and the champion properties.

“Hotel Trio met our criteria arsenic a recent-vintage, high-quality plus ideally located successful 1 of the country’s astir affluent leisure destinations with a agelong runway for maturation fixed the backdrop of betterment and enlargement successful the greater Bay Area.”

In November 2024, AWH Partners acquired a dual-branded Residence Inn / Fairfield Inn & Suites spot successful Broomfield, Colorado. This 212-room plus was the archetypal post-pandemic acquisition nether its income-focused strategy and is besides managed by Spire Hospitality.

"AWH Partners purchases Hotel Trio Healdsburg successful Sonoma County, US" was primitively created and published by Hotel Management Network, a GlobalData owned brand.

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