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Laurel Real Estate Brokers Sale of 60-Room Hampton Inn Hotel in Sunbury, Ohio
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Laurel Real Estate Brokers Sale of 60-Room Hampton Inn Hotel in Sunbury, Ohio
SUNBURY, OHIO — Laurel Real Estate Co. has brokered the sale of the 60-room Hampton Inn Columbus I-71 North hotel in Sunbury. Laurel represented the undisclosed seller. A private investor group acquired the hotel. The acquisition included several equity partners and an SBA 504 financing structure involving a conventional first-mortgage lender, LCNB National Bank, and a certified development company, Alloy Development Co. The SBA 504 loan program…
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