Vertigo Investments LLC purchased the 156-room Travelodge hotel for $6.4 million or about $41,000 per room. The capitalization rate of the deal was 9%.
Vertigo Investments LLC purchased the 156-room Travelodge hotel for $6.4 million or about $41,000 per room. The capitalization rate of the deal was 9%.
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333 Palm Canyon Dr, Palm Springs, CA