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Hampton Inn & Suites by Hilton Downtown St. Paul — Apple Hospitality acquisition
$31,680,000 · $198,000/key
Apple acquired the existing 160-room Hampton Inn & Suites by Hilton Downtown St. Paul on March 4, 2019 for a $31.680 million gross purchase price. Harbor PPK is $31.680 million ÷ 160. Apple rounded the same math to about $198,000 per key. Use the table price, not the $31.7 million 8-K round. Seller unnamed. Not the Bloomington Homewood $13.8 million tape. The $59.291 million 2019 line is the sum of three 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 March 4)