July 19, 2019 – Todd Tremblay, Bob Horvath and Todd Tremblay of Horvath & Tremblay have successfully completed the sale of Best Western in Savannah, Georgia. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $5,800,000.
Best Western operates under a new 20-year lease that commenced at the close of escrow. The Best Western lease is absolute triple net and requires zero management responsibilities. A 24-hour Denny’s restaurant is attached to the hotel providing guests with a convenient dining experience. The Property is strategically located with high visibility and easy access off of Interstate 95 and GA Route 204.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.