Alpine Realty Capital represented owners in the sale of the Knights Inn in Mackinaw City, Mich., and the Lakeside Resort in Houghton Lake, Mich.
Alpine was supported by the Hotel Brokers International marketing platform and its website to reach buyers from across the country. Through this network, Alpine was able to secure numerous offers.
“Northern Michigan hotels are very attractive investment options given their strong revenues during the peak season and expanding shoulder and off-season business,” Ed Walsh, president of Alpine Realty Capital, said in a statement. “With numerous additional listings and off-market opportunities, Alpine is the undisputed leader in hotel real estate transactions in these appealing destinations.”