Common Contracts

2 similar Purchase and Sale Agreement contracts by Condor Hospitality Trust, Inc.

Contract
Purchase and Sale Agreement • May 5th, 2020 • Nebraska

EX-10.1 2 condor8k_042917exhibit.htm Exhibit 10.1 PURCHASE AND SALE AGREEMENT (Hampton Inn & Suites – 850 Village Oak Lane, Lake Mary, Florida) THIS PURCHASE AND SALE AGREEMENT (including all exhibits and schedules, this "Agreement") is made and entered into as of April 29, 2017 (the "Effective Date") by and among SI LAKE MARY, LP, a Georgia limited partnership (the "Seller") and CONDOR HOSPITALITY LIMITED PARTNERSHIP, a Virginia limited partnership ("Purchaser" or "Operating Partnership"). RECITALS A. Seller is the owner of a 130 key, five story Hampton Inn & Suites, located on the Real Property and having an address of 850 Village Oak Lane, Lake Mary, Florida, which includes, among other things a lobby and breakfast area, 800 square feet of meeting space, fitness center, business center, 136 dedicated exclusive surface parking spaces and other amenities on the Real Property (collectively, the "Hotel"). B. The Hotel is being managed by Peachtree Hospitality Management, LLC, a Georgia

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PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • May 1st, 2017 • Condor Hospitality Trust, Inc. • Real estate investment trusts • Nebraska

THIS PURCHASE AND SALE AGREEMENT (including all exhibits and schedules, this "Agreement") is made and entered into as of April 29, 2017 (the "Effective Date") by and among SI LAKE MARY, LP, a Georgia limited partnership (the "Seller") and CONDOR HOSPITALITY LIMITED PARTNERSHIP, a Virginia limited partnership ("Purchaser" or "Operating Partnership").

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