JUNCTION CITY, KS, August 30, 2022 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced today the sale of Motel 6 Junction City, a 57-room hospitality property located in Junction City, KS, according to Bruce E. Bentley III, regional manager of the firm’s Austin office.
Allan Miller, Chris Gomes, and Steve Swenholt, investment specialists in Marcus & Millichap’s Austin office, had the exclusive listing to market the property on behalf of the seller, an individual/personal trust. The buyer, a private investor, was secured and represented by Allan Miller, Chris Gomes, and Steve Swenholt. Colby Haugness, Broker of Record, assisted in closing this transaction.
Motel 6 Junction City is located at 1931 Lacy Dr in Junction City, KS. The 57-room property was built in 1999 and spans 1.89 acres.
The Miller-Gomes Hotel Team of Marcus & Millichap has sold over 520 hotels across the nation since its inception. The team has over 70 active listings across 21 states with 33 assets under contract and 63 closings this year.
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About Marcus & Millichap (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research, and advisory services with offices throughout the United States and Canada. As of December 31, 2021, the company had 1,994 investment sales and financing professionals in 82 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting, and advisory services to clients. Marcus & Millichap closed 13,255 transactions in 2021, with a sales volume of approximately $84.4 billion. For additional information, please visit www.MarcusMillichap.com.
