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Marcus & Millichap Brokers Sale of Welcome Suites Springdale

by TheDailyHotelier
November 27, 2025
in Finance & Investment
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Marcus & Millichap Brokers Sale of Welcome Suites Springdale
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Welcome Suites Springdale
Picture Credit score: Welcome Suites Springdale

SPRINGDALE, Ohio—Marcus & Millichap introduced the sale of a 70-room Welcome Suites Prolonged Keep lodge property in Springdale, Ohio.

“This deal was actually a collaborative effort,” mentioned Michael Klar, director, investments. “Each the customer and vendor demonstrated professionalism and adaptability all through the method. Even with just a few delays, their cooperation allowed us to navigate the challenges and efficiently shut the transaction.”

Klar and Ebrahim Valliani, funding specialists in Marcus & Millichap’s Chicago Oak Brook workplace, in affiliation with Michael Glass, Marcus & Millichap’s Ohio dealer of document, had the unique itemizing to market the property on behalf of the vendor and procured the customer, each personal buyers. The transaction acquired extra help from Chris Gomes and Allan Miller of the Miller-Gomes Lodge Workforce.

The three-story Welcome Suites Prolonged Keep Springdale is located on 1.82 acres. In-built 1988, the lodge contains kitchenettes in every suite, together with on-site visitor laundry and merchandising facilities. The property gives direct entry to Interstate 275 and is surrounded by demand mills, together with main employers, medical facilities, universities, and regional points of interest.



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Tags: BrokersMarcusMillichapSaleSpringdaleSuites
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