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Posted: May 27, 2014
HVSCC arranges sale of 200-room Ramada Plaza Riverside Hotel in WY
HVS Capital Corp (HVSCC) arranged the sale of the 200-room Ramada Plaza Riverside Hotel, exclusively representing the lender/owner in the transaction.
The recently renovated hotel is located along the North Platt River. In addition to its 200 guestrooms, the property also offers two restaurants, an indoor pool, and 9,300 s/f of meeting space.
Bill Sipple, executive managing director of HVSCC said, "The hotel was purchased by an active regional owner/operator who will be able to capitalize on the several existing local relationships it has, expanding the demand base available to the property, going forward." He added, "Given the bright future of the oil shale industry in the Casper area, the hotel is anticipated to benefit greatly from the region's growth."
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