The Siegel Group Acquires Sunstyle Suites Inn In Orlando For $10.33M

The former Sunstyle Suites Inn located at 7209 South Orange Blossom Trail in Orlando has been acquired by The Siegel Group for $10.33 million. The property spans across 2.41 acres and consists of a hotel with 191 units. The purchase price equates to an average price per unit of $54,084.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $10,330,000
• Address: 7209 South Orange Blossom Trail, Orlando
• Market: Orlando
• Asset Type: Hotel
• Acres: 2.41

The buyer, The Siegel Group, led by Michael Crandall, aims to expand its Siegel Select brand with the acquisition of the former Sunstyle Suites Inn. The property will undergo renovations and will be operated as both a short-term daily stay and extended-stay accommodation under the Siegel Select brand. This acquisition adds to The Siegel Group's portfolio, bringing the total number of properties under the Siegel Select brand to 62 across the United States.