Wednesday, February 12, 2014

Troutbrook Development Co Purchases Hampton Inn Allentown

Yamunaji Corporation sold the Hampton Inn Allentown at 7471 Keebler Way in Allentown, PA to Troutbrook Development Company for $9.3 million, or $75,000 per room. 

The 56,280-square-foot hotel consists of 124 rooms and was built in 1988. The buyer is expected to invest millions to renovate the property.

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