Kabani Hotel Group Acquires Hotel In Orlando For $6.3M
SOLD
$6,288,375
Florida
See Similar DealsHotel105,673 SF
Sold 02/17/2022
SOLD
Kabani Hotel Group Acquires Hotel In Orlando For $6.3M
1850 Landstreet Road, Orlando, Florida 32824, United States
See Similar DealsHotel105,673 SF
Sold 02/17/2022
Summary
FLORIDA
Asset Type:Hotel
Price Per Square Foot:$59
Total Square Footage:105,673 SF
Transaction Type:Sale
The property involved in this transaction is a hotel located at 1850 W Landstreet Road in Orlando. The sale of this hotel was facilitated by brokers Ahmed Kabani and Luis Garino from Kabani Hotel Group - Marcus & Millichap. The transaction took place on February 17, 2022.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $6,288,375
- Address: 1850 W Landstreet Road
- Market: Orlando
- Keys: 125
- Price Per Key (PPK): $50,307
Ahmed Kabani and Luis Garino, representing Kabani Hotel Group - Marcus & Millichap, played a crucial role in the successful completion of this sale. The hotel features 125 keys and was sold for a total of $6,288,375, resulting in a price per key of $50,307.
Players
BROKERAGE
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$335,380.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,341.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$29,810.11
Annual Debt Service$357,721.27
Is there something missing? Send suggestions