Stormont Hospitality Group, North American Properties and Long Wharf Capital have sold The Hotel at Avalon located in the premier Atlanta suburb of Alpharetta, Ga. The financial terms and the buyer were not disclosed.
The 330-room full-service hospitality asset is part of the Marriott Autograph Collection brand of hotels.
“The hotel’s exceptional quality, strong brand recognition, irreplaceable location in the heart of Avalon and strength of the surrounding Alpharetta market made The Hotel at Avalon a highly appealing asset,” said Todd Ratliff of Hodges Ward Elliot, which advised the sellers on the transaction. “Even in this challenging hospitality investment climate, demand for superior hotel product like The Hotel at Avalon remains strong. As we marketed the property, HWE was able to generate numerous competitive offers, and we’re pleased to have negotiated its sale.”
Opened in 2018, The Hotel at Avalon offers luxurious guest rooms designed wi
