Hotels only · No pay-to-rank · Advice first; verified when attested
West · secondary
Downtown, South Jordan, and ski-corridor inventory are different files. Apple’s 2017 Residence Inn Salt Lake City $25.500 million / 136 tape is a named Salt Lake Residence Inn — not the 2023 downtown Courtyard $48.11 million or Hyatt House $34.25 million tapes. Those downtown tapes are named singles — not the South Jordan Embassy Suites $36.75 million tape. The $9.14 million parking garage is not a hotel tape.
Each house opens a labeled estimate. Defaults are assumptions — not an appraisal.
Salt Lake City · Upscale
175 keys · Salt Lake City · Courtyard by Marriott
Downtown Salt Lake Courtyard. Apple bought the existing 175-key house on October 11, 2023 for $48.11 million (2023 10-K table). 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.
Salt Lake City · Upscale
159 keys · Salt Lake City · Hyatt House
Downtown Salt Lake Hyatt House. Apple bought the existing 159-key house on October 11, 2023 for $34.25 million (2023 10-K table). 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.
Salt Lake City · Upper upscale
192 keys · South Jordan · Embassy Suites
South Jordan Embassy. Apple bought the existing 192-key house on November 21, 2023 for $36.75 million (2023 10-K table). Seller unnamed. Not the downtown Courtyard $48.11 million or Hyatt House $34.25 million tapes.
Salt Lake City · Upscale
136 keys · Salt Lake City · Residence Inn
Salt Lake City Residence Inn. Apple bought the existing 136-key house on October 20, 2017 for $25.500 million (2017 10-K table). 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.
Public coverage lists, not a claimed book. Open a desk for the graph timeline.
No public desk publishes coverage here. Harbor will not invent a book.
Public tape · 1 events
Cited prices stay cited. Unknown stays unknown. Linked houses open the estimate worksheet.
Residence Inn Salt Lake City · 136 keys · Upscale
Consideration
$25.5M
$188k / key
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.