Waramaug Hospitality Acquires Two Alabama Properties

Waramaug Hospitality, a privately held funding agency targeted on premium-branded select-service and full-service motels, introduced in the present day it acquired the Hilton Backyard Inn Huntsville South/Redstone Arsenal and the Hampton Inn & Suites Athens I-65/Huntsville Space.

The 102-room Hilton Backyard Inn options a big indoor pool, deck space, health middle with Precor tools, enterprise middle, and visitor laundry. With 2,100 sq. ft of assembly house, the property can accommodate small teams and gives an area most select-service motels don’t possess. It’s positioned proper off Memorial Parkway, solely quarter-hour from Redstone Arsenal, a garrison housing varied governmental organizations, together with NASA Marshall House flight Heart, Missile Protection Company, and Military Aviation and Missile Command. The property supplies visitors quick access to the U.S. House and Rocket Heart and Cummings Analysis Park, the county’s second-largest tech and analysis advanced.

The 88-suite Hampton Inn & Suites options an indoor pool, health middle, enterprise middle, and 650-square ft of assembly house. The property is positioned three miles from Athens metropolis middle, with simple I-65 entry., making it solely ninety minutes by automobile to Nashville, Tennessee, and Birmingham, Alabama. The property is inside strolling distance from native eating places and a brief distance from Southern Gayles Golf Course, Canebrake Nation Membership, and the Alabama Veterans Museum.

“Each of those properties confirmed sturdy efficiency in the course of the pandemic and match effectively into our funding standards,” stated Craig Nussbaum, Govt Vice President Acquisitions, Waramaug Hospitality. “We’re excited to enter the booming Huntsville market and are planning a complete renovation of each belongings to make sure they preserve their standing as market leaders.”

Huntsville, Alabama, often known as the “Rocket Metropolis,” is positioned close to the Tennessee border in North Alabama. Huntsville has a distinguished authorities presence and is residence to quite a few aerospace and expertise firms.

Terrapin Hospitality will likely be managing each belongings.

About Waramaug Hospitality

Waramaug Hospitality is a privately held funding agency specializing within the funding and house owners of motels nationwide, with a main concentrate on premium-branded choose service and full-service motels. Since inception, Waramaug has acquired over $800 million in resort belongings comprising over 5,000 rooms and greater than 40 properties. Throughout this time, Waramaug has established a superior funding and asset administration platform devoted to maximizing our companions and buyers.

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