Apple Hospitality REIT Purchases Home2 Suites by Hilton in Atlanta for $24.6M
ATLANTA — Apple Hospitality REIT has closed on the previously announced acquisition of a 128-room Home2 Suites by Hilton in downtown Atlanta. The purchase price was $24.6 million, or approximately $192,000 per room. Located at 87 Walton St., the hotel is situated near Centennial Olympic Park, CNN Center, World of Coca-Cola, College Football Hall of Fame, Georgia Aquarium, Philips Arena, the Georgia Dome, Georgia State University, Georgia Tech and the upcoming Mercedes-Benz Stadium. Following the purchase, Apple Hospitality REIT’s portfolio includes 180 hotels spanning 23,000 guestrooms in 32 states.