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David R. Masse Of AAM15 Management Acquires Hotel From Angus Rogers For $32.09M

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SOLD
$32,090,000

Florida

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Hotel
Sold 02/18/2026
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SOLD

David R. Masse Of AAM15 Management Acquires Hotel From Angus Rogers For $32.09M

10323 Palm River Road

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Hotel
Sold 02/18/2026
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Summary

FLORIDA
Asset Type:Hotel
Transaction Type:Sale

The property involved in this transaction is a hotel asset located at 10323 Palm River Road in Tampa. The hotel, known as Home2 Suites Brandon Tampa, comprises 215 rooms and was completed in 2018. The sale price for the property was $32,090,000, with a price per key of $149,256.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $32,090,000
  • Address: 10323 Palm River Road
  • Market: Tampa
  • Buyer: David R. Masse - AAM15 Management
  • Seller: Angus Rogers - Floridays Development Co.
  • Broker: Kyle Sahlsten - Berkadia
  • Keys: 215
  • PPK: $149,256

AAM15 Management, led by David R. Masse, is a Massachusetts-based investor that now owns four hotels in Florida, expanding their portfolio to a total of 1,952 rooms across 14 properties in six states. The transaction was facilitated by Kyle Sahlsten of Berkadia, who represented the buyer in this acquisition from Angus Rogers at Floridays Development Co.

Players

Kyle Sahlsten
1 deal$32.1M volume(813) 574-1398
BROKER

David R. Masse
AAM15 Management
1 deal$32.1M volume
BUYER

Angus Rogers
Floridays Development Co.
1 deal$32.1M volume
SELLER

Details

SOLD
IMAGE: Kyle Sahlsten, Angus Rogers & David R. Masse DATE: 02/18/2026 ADDRESS: 10323 Palm River Road MARKET: Tampa ASSET TYPE: Hotel BUYER: David R. Masse - AAM15 Management SELLER: Angus Rogers - Floridays Development Co. BROKER: Kyle Sahlsten - Berkadia (@Berkadia) SALE PRICE: $32,090,000 KEYS: 215 ~ PPK: $149,256 NOTE: AAM15 Management, a Massachusetts-based investor, bought the 215-room Home2 Suites Brandon Tampa for $32.09M, marking its fourth Florida hotel acquisition. The property, completed in 2018 by Floridays Development Co., was brokered by Berkadia and expands AAM15’s portfolio to 1,952 rooms across 14 properties in six states.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,711,466.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$114,008.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$152,122.97
Annual Debt Service$1,825,475.66