Vermont Residence Inn property changes hands

Norwich Properties has completed the sale of Residence Inn Burlington Colchester.

AAM 15 Management acquired the 108-suite extended stay property in Colchester, Vermont, for an undisclosed price.

Completed in 2010, the hotel features suites with fully equipped kitchens, an indoor swimming pool and soaking tub, a fitness facility, a business centre, a sundries shop, a barbecue and picnic area, complimentary hot breakfast and the Residence Inn Mix evening socials.

Denny Meikleham, Alan Suzuki and Matthew Enright of HFF represented the seller in the deal.

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It’s been great, you have representation from the larger, more traditional operators as well as the new and emerging aparthotel operators. It’s fantastic to see them interacting with each other and it’s been great to be here.

Ariel Maidansky, CEO and co-founder, Envizzo - 2019

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