Bankruptcy Auction – Baymont Inn and Suites (Groton, CT)

Bid Deadline: April 23, 2021
Auction Date: April 30, 2021
Minimum Bid: $4,800,000

Stalking-Horse Offers will be Considered

Keen-Summit Capital Partners LLC has been retained by Armaos Property Holdings, LLC and Olympic Hotel Corporation (“Debtor”) as the exclusive real estate advisor to run the sale process for the sale (the “Transaction”) of the Baymont Inn & Suites located at 360 Route 12, Groton, CT

By this offering, you have the opportunity to acquire this centrally located hotel with easy access to I-95 and all that southeast Connecticut has to offer. The sale is an opportunity to take title to the property free & clear of all liens, claims and encumbrances in accordance with the final purchase and sale agreement.  The Debtor has filed a sale motion with the Bankruptcy Court and the Bid Deadline is April 23rd and the Auction Date is April 30th.​  The proposed minimum bid is $4,800,000.​  The Motion is subject to Court approval.​

Since this is a bankruptcy, all brokers need to be paid by their buyers.

Baymont Inn & Suites – Flyer – 4-5-21

Confidentiality Form

Sale Motion and Order as Filed 4.1.21

Order Approving Sale Procedures

Accommodations:

  • 140 Guest Rooms (Room mix include: double beds, king beds and suites)
  • Amenities: 
    • Banquet Facilities
    • Bar
    • Business Center
    • Fitness Center
    • Indoor Pool and Hot Tub
    • Laundry Facilities/Laundry Service including Dry Cleaning
    • Meeting Rooms
    • Restaurant (Flanagan’s Food & Drink)
    • Free Wi-Fi Access

Area Tourist Highlights:

  • Naval Submarine Base New London – 1.3 mi
  • The Submarine Force Library and Museum – 1.5 mi
  • Fort Griswold Battlefield State Park – 1.8 mi
  • Garde Arts Center – 2.6 mi
  • Old Town Mill – 2.6 mi
  • Lyman Allyn Art Museum – 2.7 mi
  • Hygienic Art Gallery – 2.7 mi
  • United States Coast Guard Academy – 2.8 mi
  • Richard Douglass House – 2.8 mi
  • New London Ferry Dock – 3 mi
  • Connecticut College – 3.2 mi
  • Connecticut College Arboretum – 3.2 mi
  • Bluff Point State Park – 3.4 mi
  • Shennecossett Golf Course – 3.8 mi
  • Hempstead Houses – 4 mi
  • Fields of Fire Adventure Park – 4.9 mi
  • Mystic Aquarium/Mystic Village – 7.4 mi
  • Mohegan Sun Resort Casino – 9.9 mi

Contacts:

Matt Bordwin
(646) 381-9202
Chris Mahoney
(646) 381-9205
Heather Milazzo
(646) 381-9207
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