Ricardo Ratia Acquires Hotel In Doral From Alex Nahabetian For $23M

The asset involved in this transaction is a hotel located at 1212 Northwest 82nd Avenue in Doral. The sale price of the property was $23,000,000, with a total square footage of 73,232 and a price per square foot of $314. The property features 112 keys and a price per key of $205,357.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $23,000,000
• Address: 1212 Northwest 82nd Avenue
• Market: Doral
• Square Footage: 73,232
• Price per Square Foot: $314
• Keys: 112
• Price per Key: $205,357
• Buyer: Ricardo Ratia
• Seller: Alex Nahabetian
• Broker: Alessandra Bavetta - RelatedISG International Realty

This transaction involved Ricardo Ratia as the buyer and Alex Nahabetian as the seller, with the deal facilitated by broker Alessandra Bavetta from RelatedISG International Realty, representing the interests of the seller in the sale of the hotel property.