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Hampton Inn & Suites Memphis — Apple Hospitality acquisition
$39,000,000 · $270,833/key
Apple acquired the existing 144-room Hampton Inn & Suites Memphis on February 5, 2018 for a $39.0 million gross purchase price. Harbor PPK is $39.0 million ÷ 144. Use the table price, not transaction costs. Seller unnamed. Same-day Atlanta/Downtown Hampton is a second named 10-K price, not a Harbor split. Not the Garden Inn $38.0 million tape and not The Peabody. The $152.2 million 2018 line is the sum of five named 10-K prices. Older than the 2025–26 blotter cut.
Apple Hospitality REIT Form 10-K for the year ended December 31, 2019 (closed February 5, 2018)