SOLD
Marcus & Millichap Sells Best Western Hotel In Tampa For $7.6M
734 South Dale Mabry Highway - Best Western Tampa
Hotel
Sold 187 days ago
Summary
Sale
FLORIDA
Hotel
The 54-room Best Western hotel located at 734 South Dale Mabry Highway in Tampa, Florida has been sold for $7,575,000. The hotel was listed near this price, which reflects the strong demand in the Tampa market. The buyer is a partnership primarily based in Maryland and California.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $7,575,000
- Address: 734 South Dale Mabry Highway - Best Western Tampa
- Market: Tampa
The sale was facilitated by Leo Reilly and Robert Hunter from Marcus & Millichap. Leo Reilly and Robert Hunter represented the seller as brokers in this transaction.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Leo Reilly & Robert Hunter
DATE: 11/08/2023
ADDRESS: 734 South Dale Mabry Highway - Best Western Tampa
MARKET: Tampa
ASSET TYPE: Hotel
BROKERS: Leo Reilly & Robert Hunter - Marcus & Millichap (@MarcusMillichap_Fl)
SALE PRICE: $7,575,000
KEYS: 54 ~ PPK: $140,278
NOTE: Marcus & Millichap has sold the 54-room Best Western hotel in Tampa, Florida, for $7,575,000 to a partnership mainly based in Maryland and California. The sale was near the list price, reflecting the strong market demand for the Tampa area, as stated by Robert Hunter, senior vice president investments at Marcus & Millichap.View on map
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Address734 South Dale Mabry Highway - Best Western Tampa
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