Monday April 28th, 2014 - 3:47PM
FORT MILL, SC—MBA Hotel Brokers, Inc. has brokered the sale of the Comfort Inn Carowinds here for $3.3 million.
MBA, with a co-brokerage agreement with Hunter Realty Associates, Inc., exclusively represented the seller, which was a court appointed Trustee from True Blue Hospitality. The hotel, which was put in receivership by the lender in February 2013, was bought by Welcome Hotels of Fort Mill Inc. The four-story, 153-key property was built in 1986.
Charlie Fritsch, president of MBA Hotel Brokers, stated, "This transaction required extra effort by MBA Hotel Brokers due to the transitions with the receiver and then the trustee of bankruptcy court. We basically had to sell the hotel twice. Our marketing clearly created competition and drove maximum value for the asset."