Cited prices stay cited. Unknown stays unknown. Linked houses open the estimate worksheet.
Embassy Suites South Jordan Salt Lake City · 192 keys · Upper upscale
Apple 2023 10-K table: $36.75 million for the existing 192-room Embassy Suites. South Jordan Embassy — not a downtown Courtyard PPK.
Apple Hospitality REIT Form 10-K for the year ended December 31, 2023 (closed November 21)
Apple acquired the existing 192-room Embassy Suites South Jordan Salt Lake City on November 21, 2023 for a $36.75 million gross purchase price. Harbor PPK is $36.75 million ÷ 192. Apple rounded the same math to about $191,000 per key. Use the table price, not the $36.8 million 8-K round. Seller unnamed. Not the downtown Courtyard $48.11 million or Hyatt House $34.25 million tapes. Older than the 2025–26 blotter cut.
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Courtyard Salt Lake City Downtown · 175 keys · Upscale
Apple 2023 10-K table: $48.11 million for the existing 175-room downtown Courtyard. Downtown Courtyard — not a South Jordan Embassy PPK.
Apple Hospitality REIT Form 10-K for the year ended December 31, 2023 (closed October 11)
Apple acquired the existing 175-room Courtyard Salt Lake City Downtown on October 11, 2023 for a $48.11 million gross purchase price. Harbor PPK is $48.11 million ÷ 175. Apple rounded the same math to about $275,000 per key. Use the table price, not the $48.1 million 8-K round. Seller unnamed. Adjacent to the Hyatt House. Not the South Jordan Embassy $36.75 million tape. The $9.14 million garage is not a hotel tape. Older than the 2025–26 blotter cut.
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Hyatt House Salt Lake City/Downtown · 159 keys · Upscale
Apple 2023 10-K table: $34.25 million for the existing 159-room downtown Hyatt House. Downtown extended-stay — not a downtown Courtyard PPK.
Apple Hospitality REIT Form 10-K for the year ended December 31, 2023 (closed October 11)
Apple acquired the existing 159-room Hyatt House Salt Lake City/Downtown on October 11, 2023 for a $34.25 million gross purchase price. Harbor PPK is $34.25 million ÷ 159. Apple rounded the same math to about $215,000 per key. Use the table price, not the $34.3 million 8-K round. Seller unnamed. Adjacent to the Courtyard. Not the South Jordan Embassy $36.75 million tape. The $9.14 million garage is not a hotel tape. Older than the 2025–26 blotter cut.
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Residence Inn Salt Lake City · 136 keys · Upscale
Apple 2017 10-K table: $25.500 million for the existing 136-room Residence Inn Salt Lake City. Salt Lake Residence Inn — not a downtown Courtyard PPK.
Apple Hospitality REIT Form 10-K for the year ended December 31, 2017 (closed October 20)
Apple acquired the existing 136-room Residence Inn Salt Lake City on October 20, 2017 for a $25.500 million gross purchase price. Harbor PPK is $25.500 million ÷ 136. That math is $187,500 per key. Use the table price, not transaction costs. Seller unnamed. Table city is Salt Lake City — Harbor will not invent a suburb. Not the 2023 downtown Courtyard $48.11 million tape and not the Hyatt House $34.25 million tape. The $161.770 million 2017 line is the sum of six named 10-K prices. The Birmingham adjoining dual-brand 2017 line stays combined. Older than the 2025–26 blotter cut.
Open the tape →FramePacketEstimateSalt Lake CityCompare