The Doubletree Hotel at 407 Chestnut St. has sold for $27.5 million.
The sale was from Vision Chestnut Hotel Group.
The entity making the purchase was in the name of Kre Hip Tree Chattanooga Owner LLC, a newly formed LLC.
It was purchased by Kohlberg Kravis Roberts LLC of New York City, a private equity company.
The high rise hotel features 186 rooms.
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August 31, 2021 at 03:13AM
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Doubletree Hotel On Chestnut Street Sells For $27.5 Million - The Chattanoogan
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