The 112-room Comfort Inn & Suites in Danbury, Conn., was sold in a deal facilitated by Marcus & Millichap. The Calabassas, Calif.-based brokerage firm represented the seller and procured the buyer, both private client hotel operators, in association with John Krueger, the firm’s broker of record in Connecticut. The Comfort Inn & Suites was built in 1973 and is near Interstate 84.
“I sold the property in 2023 as a Holiday Inn. Since then, the owner renovated and converted it to a Comfort Inn & Suites,” said Jerry Swon of Marcus & Millichap’s Manhattan office. “The sale was a win for all parties, with the seller receiving value for improvements to both the asset and the business, while the buyer acquired a fully renovated property with upside, as well as an NNN lease with the restaurant tenant providing additional cash flow.”
The hotel has complimentary breakfast and Wi-Fi, a fitness center, outdoor pool, business center and laundry facilities. The property also has free parking and is near Danbury Fair Mall, the Danbury Railway Museum, Tarrywile Mansion and Wooster Mountain State Park.