4 JANUARY 2024
HUNTER HOTEL ADVISORS ARRANGES SALE OF HOLIDAY INN EXPRESS & SUITES ALPHARETTA-WINDWARD PARKWAY
Hunter Hotel Advisors ("HUNTER") is pleased to announce the sale of the Holiday Inn Express & Suites Alpharetta-Windward Parkway. Satori Collective sold the 6-story property to Bukhari Group Hospitality for an undisclosed price on December 20, 2023. Mayank Patel, Senior Vice President of HUNTER, facilitated the transaction on behalf of the seller.
“It was a pleasure getting to work with Mayank on another transaction and this time on the sell side," said Samir Yajnik, CIO at Satori Collective. “Mayank’s deep network of contacts and local submarket knowledge allowed him to source an ideal off-market buyer for us. His resourcefulness, professionalism, and attention to detail throughout the process were instrumental in getting this sale across the finish line.”
The 124-key Holiday Inn Express & Suites Alpharetta-Windward Parkway, strategically situated directly off Georgia 400 in the heart of one of Atlanta's largest submarkets, Alpharetta, has become a focal point for both corporate and leisure travelers. Being one of the largest office submarkets in the Southeast, Alpharetta is home to numerous Fortune 500 companies such as LexisNexis, Verizon, AT&T, Honda, Equifax, Ernst & Young, and many more. Guests enjoy the ease of access to nearby tourist attractions, including the Ameris Bank Amphitheatre, Downtown Alpharetta, and the Avalon—a mixed-use development boasting over 500,000 square feet of retail space, 105,000 square feet of office space, and 250 luxury rental homes.
In addition to meeting the demands of corporate and leisure guests, the property offers a range of amenities, including a 24/7 fitness center, outdoor pool, business center, and 806 square feet of meeting space.