Wason Assoc. sells 70 room Best Western Inn at Hampton to Jenica Hospitality, LLC

Wason Associates Hospitality Real Estate Brokerage Group sold the 70 room Best Western Inn at Hampton. The property was sold by a division of Maine Course Hospitality Group to Jenica Hospitality, LLC; Sunny Limbachia, managing partner. Joe Cardillo, Peter Annon, CPA, Wendy Casey, and Earle Wason, CCIM negotiated the $5.32 million transaction. Recipient of the 2009 Best Western Director's Award, the hotel features a leased restaurant and lounge, leased conference center, and an Avis rental facility. The property also includes an indoor heated swimming pool, hot tub, exercise facility, game room, full business services, and meeting/banquet facilities accommodating up to 500 people. "We are pleased to assist with the sale of this property. The Best Western Inn at Hampton sits in a prime location for tourists and business guests alike," said Wason. "The completion of this sale demonstrates that even in this challenging economic climate, lucrative hospitality real estate transactions are being completed in a timely and efficient manner."