Marcus & Millichap Brokers Sale of 80-Room Dual-Branded Hotel in Lancaster, Texas

by Taylor Williams

LANCASTER, TEXAS — Marcus & Millichap has brokered the sale of an 80-room dual-branded hotel in Lancaster, a southern suburb of Dallas. The three-story building houses Sleep Inn & Suites and Mainstay Suites and offers shared amenities such as a pool, fitness center, business center and outdoor picnic area. Chris Gomes and Allan Miller of Marcus & Millichap represented the seller, a Dallas-based investment firm, in the transaction. The duo also procured the buyer, an out-of-state 1031 exchange investor.

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