SOLD
Cardinal Point Management Acquires Hotel In Tampa For $18.9M
1200 North Westshore Boulevard
Hotel
120,812 SF
120,812 SF
Sold 1 year ago
Summary
Sale
FLORIDA
Hotel
120,812 sqft
The hotel located at 1200 N Westshore Blvd in Tampa has been sold in a recent transaction. The property, which is categorized as a hotel, was purchased by Cardinal Point Management from Ben Mallah. The sale was facilitated by brokers Preston Reid and Wyatt Krapf from Berkadia. The transaction took place on December 29, 2021, and the sale price was $18,900,000.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $18,900,000
- Address: 1200 N Westshore Blvd, Tampa
- Market: Tampa
Cardinal Point Management acquired the hotel property from Ben Mallah. The transaction was facilitated by brokers Preston Reid and Wyatt Krapf from Berkadia. The property consists of 237 keys and the price per key (PPK) amounts to $79,747.
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Details
SOLD
IMAGE: Preston Reid & Wyatt Krapf
DATE: 12/29/2021
ADDRESS: 1200 N Westshore Blvd
MARKET: Tampa
ASSET TYPE: Hotel
BUYER: Cardinal Point Management
SELLER: Ben Mallah
BROKERS: Preston Reid & Wyatt Krapf - Berkadia
SALE PRICE: $18,900,000
KEYS: 237 ~ PPK: $79,747View on map
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Address1200 North Westshore Boulevard
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