Antlers purchase price: $23.3 million


According to the El Paso County Assessor’s website, JP Antlers LLC, a limited liability company formed by Perry Sanders and John Goede, paid $23.3 million for the downtown Antlers Hotel.
The transaction, first reported by the Business Journal on October 27, was apparently financed by a $17,258,698 first mortgage, a seller’s note for $2.1 million and a cash payment for the remaining balance.
“The $23,309,000 purchase price includes the goodwill of Antlers name and personal property,” Sanders wrote in an email. “We are happy with the purchase price. We don’t comment on financing.”
Goede and Sanders have already begun extensive renovations to the hotel’s rooms and public spaces. Click here to read about their plans for the hotel.


Comments are closed.