The hotel was sold May 14 for $3.1M, after a national marketing effort led to a large number of offers from local and national buyers. Cobblestone Hotels is a rapidly growing national franchise that provides quality rooms to small towns. The property will remain a Cobblestone Inn with the new ownership and continue to operate as normal.
HotelBrokerOne is a national hotel brokerage firm that has sold over 800 hotels since inception. For more information go to www.hotelbrokerone.com.