Noble Investment Group has purchased the Residence Inn by Marriott Charlottesville Downtown, Hyatt House Tallahassee Capitol | University, and the Hampton Inn & Suites Tallahassee Capitol | University. These newly built hotels are in strong growth markets.
The financial terms and seller(s) were not disclosed.
The Residence Inn by Marriott Charlottesville Downtown is centrally located along Main Street in Charlottesville, Va. The city is home to the 27,000-student University of Virginia (UVA), the 631-bed UVA Medical Center, and notable leisure landmarks such as Thomas Jefferson's home at Monticello and the Monticello Wine Trail. Additionally, the Charlottesville Historic Downtown Mall provides more than 120 retail outlets and 30 restaurants within walking distance. The new $120 million, 14-acre UVA School of Data Science broke ground in October 2021 and will add to the growing presence of university demand.
The Hyatt House Tallahassee Capitol | UniversityÂ
