John Stanley, CCIM has represented Five East, Ltd. in the sale of ± 2.45 acres located on Eastchase Parkway in Montgomery, AL. The Buyer was RAM Montgomery Hospitality Three, LLC. The property will be developed as a four (4) story, 97 room, Home2 Suites by Hilton. The sales price was $1,032,992.00 ($9.68/S.F.).