9 September 2024

HAMPTON INN NORFOLK NAVAL BASE SOLD IN TRANSACTION FACILITATED BY HUNTER HOTEL ADVISORS

Hunter Hotel Advisors ("HUNTER") announced today the successful sale of the Hampton Inn Norfolk Naval Base. A regional owner and operator purchased the property on August 27, 2024. HUNTER’s Chase Perry, vice president, represented the institutional seller.

The 117-key Hampton Inn Norfolk Naval Base sits adjacent to Naval Station Norfolk, which is the world’s largest naval air station and serves home to over 121,000 military and civilian personnel. Guests enjoy the easy access to nearby attractions including Sewells Point Golf Course, Nauticus Maritime Museum and the Virginia Symphony Orchestra.

“We are excited to complete another transaction as part of our client’s ongoing strategic disposition process,” said Perry. “Congratulations to the buyer on their outstanding execution of a uniquely structured transaction. The hotel will be an excellent addition to their growing portfolio.”

Sitting four stories high, the Hampton Inn Norfolk Naval Base offers comfortable amenities along with an indoor pool, fitness center and business center.