Marcus & Millichap closed the sale of Best Western Plus Warsaw, a 76-room hospitality property located in Warsaw, Indiana.
Ebrahim Valliani, first vice president, and Michael Gantman, associate, investment specialists in Marcus & Millichap’s Chicago Oak Brook and Chicago Downtown offices, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a limited liability company, was secured and represented by Valliani and Gantman, with Josh Caruana, Indiana regional manager and broker of record, aiding in closing this transaction.
Allan Miller, senior vice president, and Chris Gomes, senior managing director, investment specialists in Marcus & Millichap’s Austin and Dallas offices, respectively, were also listed on the deal as supporting brokers.
Best Western Plus Warsaw is located at 3825 Lake City Highway in Warsaw. The 76-room property was built in 1998 and situated on a 2.2-acre lot.