SOLD
Pedro Marrero Acquires 192-Key Orlando Hotel For $19.75M With Ahmed Kabani & Luis Garino - Marcus & Millichap
5859 American Way
Hotel
66,297 SF
66,297 SF
Sold 1 year ago
Summary
Sale
FLORIDA
Hotel
66,297 sqft
The property involved in this transaction is a hotel located at 5859 American Way in Orlando. It consists of 192 keys and spans a total of 66,297 square feet. The sale took place on May 20, 2022, with a sale price of $19,750,000. This transaction represents the highest exterior corridor price per door sale in the history of the Orlando Market.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $19,750,000
- Address: 5859 American Way
- Market: Orlando
- Keys: 192
- Brokers: Ahmed Kabani & Luis Garino - Marcus & Millichap
Ahmed Kabani and Luis Garino, representing Marcus & Millichap, facilitated the deal as brokers. They can be contacted at [email protected] and [email protected] respectively. For any inquiries about the property, Ahmed Kabani can be reached at 786-522-7023 and Luis Garino at 786-522-7124.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Luis Garino & Ahmed Kabani
DATE: 05/20/2022
ADDRESS: 5859 American Way
MARKET: Orlando
ASSET TYPE: Hotel ~ KEYS: 192
BUYER: Pedro Marrero
SELLER: Rafael Hernandez
BROKERS: Ahmed Kabani (@TheKabaniGroup) & Luis Garino (@LuisGarino) - Marcus & Millichap
SALE PRICE: $19,750,000
SF: 66,297 ~ PPSF: $298
NOTE FROM BROKERS: This is the highest exterior corridor, price per door sale, in the history of the Orlando Market.
Ahmed Kabani 786-522-7023, [email protected]
Luis Garino 786-522-7124, [email protected]View on map
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Address5859 American Way
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