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October 21, 2024

Shelton Hyatt hotel sold for more than $19M

Costar The Hyatt House hotel in Shelton.
By Hanna Snyder Gambini

The Hyatt House hotel in Shelton has been sold for more than $19 million.

The 127-room hotel, built in 2010, is located at 830 Bridgeport Ave.

It was sold Oct. 8 by Acrophyte Hospitality Trust to SJR Shelton LLC and principal Rich Gandhi for $19.2 million, according to town land records.

The property was updated in 2017, and features a business center, meeting and event space, pool, fitness center and restaurant.

The hotel was purchased by Hyatt Equities in 2011 for $19.9 million, according to town records.
 

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