Noble Investment Group, a minority-owned real estate investment manager, has acquired the Hampton Inn & Suites Charlottesville – At the University.

Located on Main Street adjacent to the University of Virginia, the hotel will undergo an upgrade to its guestrooms and suites, public areas and meeting space. It is located close to 120 retail outlets and 30 restaurants at Charlottesville’s Historic Downtown Mall.

“With its city-center location, this property is well-positioned to capture market share across a diversified mix of leisure, healthcare, and university demand generators,” comments Dustin Fisher of Noble. “Through our planned value-add renovation, we intend to further enhance the guest experience and solidify the property’s position as a top choice for travelers to the area.”