Hotels only · No pay-to-rank · Advice first; verified when attested
Mid-Atlantic · tertiary
Chesapeake, Norfolk, and Virginia Beach inventory. Apple’s 2016 Marriott Chesapeake $9.9 million / 226 tape is a named Hampton Roads sale — not the 2017 Fairfax Marriott $41.5 million tape and not a Norfolk waterfront palace. Do not import a downtown DC convention cap.
Each house opens a labeled estimate. Defaults are assumptions — not an appraisal.
Hampton Roads · Upper upscale
226 keys · Chesapeake · Marriott
Chesapeake Marriott. Apple sold the 226-key house on December 6, 2016 for approximately $9.9 million (2016 10-K). Buyer unnamed. Use the $9.9 million sale price, not the impairment. Not the 2017 Fairfax Marriott $41.5 million tape and not a Norfolk waterfront palace. The Apple Ten merger stays off this row.
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Public tape · 1 events
Cited prices stay cited. Unknown stays unknown. Linked houses open the estimate worksheet.
Marriott Chesapeake · 226 keys · Upper upscale
Consideration
$9.9M
$44k / key
Apple 2016 10-K: approximately $9.9 million for the 226-room Marriott Chesapeake. Hampton Roads Marriott — not a Fairfax PPK.
Apple Hospitality REIT Form 10-K for the year ended December 31, 2016 (sold December 6)
Apple sold the 226-room Marriott Chesapeake on December 6, 2016 for a sale price of approximately $9.9 million. Harbor PPK is $9.9 million ÷ 226. The same 10-K names December 6, the 226 rooms, and that price. Use the $9.9 million sale price, not the impairment. Buyer unnamed. Not the 2017 Fairfax Marriott $41.5 million tape and not a Norfolk waterfront palace. The Dallas Hilton close is cited from the 2017 10-K — this 2016 paper only names that house as held for sale. The Apple Ten merger stays off. Older than the 2025–26 blotter cut.