ARA US Hospitality Sells Oklahoma City Hotel

News about Acrophyte Hospitality Trust —
The hotel is valued at US$8.6 million as at Dec 31, 2022.

The managers of ARA US Hospitality Trust are proposing to sell Hyatt Place Oklahoma City Airport for US$8.0 million ($10.8 million). A conditional purchase and sale agreement (PSA) was entered into with the purchaser, Bhanumati LLC, on July 1.
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Acrophyte Hospitality Trust
Price0.215 USD
NAV0.680 USD
Yield (4 quarters)1.94%
Gearing43.2%