Ashford Hospitality Trust Sells Hotel In San Diego For $45.25M With Brokers Erik Ransdell & Michael Annunziata

The hotel asset located at 1433 Camino Del Rio South in the San Diego market has been sold for a transaction amount of $45,250,000. This property features 260 keys and boasts a total square footage of 239,856, resulting in a price per key of $174,038 and a price per square foot of $188.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $45,250,000
• Address: 1433 Camino Del Rio South
• Market: San Diego
• Seller: Ashford Hospitality Trust
• Brokers: Erik Ransdell & Michael Annunziata - Strands Realty Group
• Keys: 260
• Price Per Key: $174,038
• Square Footage: 239,856
• Price Per Square Foot: $188

Erik Ransdell and Michael Annunziata, both from Strands Realty Group, represented the transaction for the seller, Ashford Hospitality Trust, facilitating the deal in the hospitality sector.