Lodging Partners is pleased to announce it has arranged the sale of the Windsor Hotel, a Historic Boutique Hotel in Americus, GA. Lodging Partners exclusively represented the seller on this transaction, with the marketing and negotiations led by Ford Barton, Principal of Lodging Partners. The Hotel has been acquired by an affiliated entity of Edgewater Group LLC (Edgewater) based in Naples, FL. Edgewater, a private equity group with a focus on upscale boutique hotels in secondary and tertiary locations, plans to reposition the Hotel to the Ascend Hotel Collection.
The property traded for $12,500,000, over $235,000 per room. The full-service Boutique Hotel features a restaurant, bar, meeting space, and leased commercial space. Originally built in 1892, the award-winning Windsor Hotel is a beautifully restored historic destination hotel. The Hotel’s public areas and guest rooms were recently renovated in 2020.
“This is the second disposition that Lodging Partners has completed for the Seller, and our deep connections to qualified buyers throughout the Southeast proved vital in the successful sale of this Boutique full-service property,” noted Ford Barton.
In the past 12 months, Lodging Partners has completed over $68 million in hotel transactions through the Southeast. Lodging Partners continues to see strong interest from Buyers seeking hospitality investments in all sizes, areas, and price ranges throughout the Carolina region.