Downtown-based Apple Hospitality sells Henrico hotel for $8.3M

Downtown-based Apple Hospitality sells Henrico hotel for $8.3M
August 4, 2021
Apple Hospitality REIT sold the Springhill Suites by Marriott at 9960 Independence Park Drive for $8.3 million in late July. (
Jack Jacobs photo)
A local hotelier has thinned out its orchard.
Apple Hospitality REIT last month sold its Springhill Suites by Marriott at 9960 Independence Park Drive for $8.3 million. The deal was recorded with Henrico County on July 26.
The buyer was San Francisco-based Flynn Properties Inc. The deal is the company’s first property in the Richmond area, according to its website. Flynn didn’t respond to a phone message seeking comment Friday.
The 103-room Springhill Suites, which sits near the Gaskins Road and I-64 interchange, is four stories tall and about 60,000 square feet, according to county records. The hotel was built in 2008. An Apple Hospitality affiliate bought the hotel in 2011 for $7.39 million.

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