BOSTON, MA– Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of the Residence Inn Burlington Colchester, a 108-suite, extended-stay hotel located in Colchester, Vermont.
The HFF team marketed the property on behalf of the seller, Norwich Partners, and procured the buyer, AAM 15 Management, LLC.
Completed in 2010, the Residence Inn Burlington Colchester features 108 suites with fully equipped kitchens, an indoor swimming pool and soaking tub, fitness facility, business center, sundries shop, bbq/picnic area, complimentary hot breakfast daily and the Residence Inn Mix (Monday-Wednesday).
Located just off of Interstate 89, the hotel is four miles from downtown Burlington and is within close proximity to the Burlington International Airport and demand drivers, including the University of Vermont, Church Street Marketplace, Champlain College and the University of Vermont Medical Center.
The HFF investment sales team representing the seller included managing director Denny Meikleham, senior director Alan Suzuki and director Matthew Enright.