Marcus & Millichap Sells Pensacola Hotel On North New Warrington Road For $7.5M | 4 North New Warrington Road | Ahmed Kabani | Hotel | Sale

Summary

Sale

FLORIDA

Hotel

The property involved in this closed transaction is a hotel located at 4 North New Warrington Road in Pensacola. The sale of the property was facilitated by brokers Ahmed Kabani and Lucas Mondino from Marcus & Millichap. The transaction took place on December 20, 2022.

Summary of transaction details:

Property Type: Hotel
Transaction Amount: $7,475,000
Address: 4 North New Warrington Road, Pensacola
Market: Pensacola
Number of Keys: 71
Price Per Key: $105,282

Ahmed Kabani and Lucas Mondino, representing Marcus & Millichap, played a crucial role in facilitating the sale of this hotel property in Pensacola for a price of $7,475,000. With a total of 71 keys, the price per key amounts to $105,282.

Players

All
2

Agents
1
Agencies
1

Ahmed Kabani

Senior Vice President Investments

$217.6M Sold

Marcus & Millichap

Details

Deal Summary

SOLD

IMAGE: Ahmed Kabani & Lucas Mondino DATE: 12/20/2022 ADDRESS: 4 North New Warrington Road MARKET: Pensacola ASSET TYPE: Hotel BROKERS: Ahmed Kabani & Lucas Mondino - Marcus & Millichap (@MarcusMillichap_Fl) SALE PRICE: $7,475,000 KEYS: 71 ~ PPK: $105,282

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Address4 North New Warrington Road

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