Local hotel sells for $9M-plus

Montgomery County image

Montgomery County image

The property of a Miami Twp. hotel has sold for more than $9 million.

Dayton LP sold the property of a Homewood Suites by Hilton at 3100 Contemporary Lane, to a Louisville, Ky.-based limited liability corporation.

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The LLC is tied to Shulte Hospitality Group, also based in Louisville, whose portfolio includes more than 150 hotels in 32 states, with more than 8,000 employees at all locations.

The sale was recorded Dec. 24 at a sale price of $9,020,000, according to Montgomery County records.

The 68,705-square-foot property has 96 units, records show. It was built in 1998.

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