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8101 Peters Road

SOLDHotel

Shmuel Bonnardel's RORE Investment Group Acquires Hotel In Plantation For $14.9M

8101 Peters Road

$14,875,000

$201/SF

Building Size

74,013 SF

Asset Type

Hotel

Closing

Nov 1, 2022

AI

The Hotel located at 8101 Peters Rd in Plantation has been sold for a total price of $14,875,000. Spanning across 74,013 square feet, the property was purchased by Shmuel Bonnardel of RORE Investment Group.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $14,875,000
  • Size: 74,013 square feet
  • Price per Square Foot: $201
  • Address: 8101 Peters Rd, Plantation
  • Market: Plantation
  • Buyer: Shmuel Bonnardel - RORE Investment Group

Shmuel Bonnardel, representing RORE Investment Group, successfully closed the deal and acquired this hotel property in Plantation. For more information or to submit deals, you can contact Shmuel Bonnardel via email at [email protected] or by phone at (904) 310-0065.

Players

RG
RORE Investment GroupBuyer

Plantation Hotel Market Snapshot

Boundary boundary · Hotel · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.07%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93