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4312 West Boy Scout Boulevard - Residence Inn Tampa Westshore
SOLD

Dauntless Capital Partners Acquires Residence Inn Tampa Westshore Hotel For $34.5M

4312 West Boy Scout Boulevard - Residence Inn Tampa Westshore

Hotel
clock iconSold 122 days ago
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Summary

Sale
FLORIDA
Hotel

The Residence Inn Tampa Westshore Airport Hotel, located at 4312 West Boy Scout Boulevard in Tampa, has been sold for $34.48 million. The 160-room hotel, part of Marriott International’s extended-stay brand family, was acquired by Dauntless Capital Partners, a private equity firm based in Houston. The hotel is situated in Tampa's Westshore district and attracts a mix of corporate and leisure transient business.

Summary of Transaction Details

  • Property Type: Hotel
  • Transaction Amount: $34,480,000
  • Address: 4312 West Boy Scout Boulevard - Residence Inn Tampa Westshore
  • Market: Tampa

The buyer for this transaction was Craig Ballard, representing Dauntless Capital Partners. The seller was Barry S. Sternlicht from Starwood Capital. The deal was facilitated by Matthew Sinclair from The Plasencia Group.

Noteworthy is the fact that the purchase price is $8.17 million lower than the price paid in 2019.

Players

  • All

    2

  • Agents

    1

  • Agencies

    1

Matthew Sinclair's profile picture
Matthew Sinclair
The Plasencia Group-image
Vice President of Marketing
$34.5M Sold
The Plasencia Group's profile picture
The Plasencia Group
The Plasencia Group

Details

Deal Summary
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SOLD
IMAGE: Craig Ballard, Barry S. Sternlicht & Matthew Sinclair DATE: 01/08/2024 ADDRESS: 4312 West Boy Scout Boulevard - Residence Inn Tampa Westshore MARKET: Tampa ASSET TYPE: Hotel BUYER: Craig Ballard - Dauntless Capital Partners SELLER: Barry S. Sternlicht (@Fourseasonsresortresidences) - Starwood Capital BROKER: Matthew Sinclair - The Plasencia Group SALE PRICE: $34,480,000 KEYS: 160 ~ PPK: $215,500 NOTE: Dauntless Capital Partners, a Houston private equity firm, has purchased the Residence Inn Tampa Westshore Airport Hotel for $34.48 million, $8.17 million less than its 2019 price. The 160-room hotel, acquired from Starwood Capital, is situated in Tampa's Westshore district and attracts a mix of corporate and leisure transient business within Marriott International’s extended-stay brand family.

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Address4312 West Boy Scout Boulevard - Residence Inn Tampa Westshore

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