Kabani Hotel Group Sells Quality Inn Clermont West Kissimmee For $3.5M In Clermont, FL
Florida
See Similar DealsKabani Hotel Group Sells Quality Inn Clermont West Kissimmee For $3.5M In Clermont, FL
Us Highway 192
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The hotel asset involved in the transaction is the 73-room Quality Inn Clermont West Kissimmee located at 9330 W US Highway 192, Clermont, FL. The property was sold for $3.5 million, translating to approximately $47,945 per key.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $3,500,000
- Keys: 73
- Price per Key: $47,945
- Brokers: Lucas Mondino, Kian Mclean & Ahmed Kabani - Kabani Hotel Group - Marcus & Millichap
The transaction was brokered by Lucas Mondino, Kian McLean, and Ahmed Kabani, who is the CEO of Kabani Hotel Group. The deal attracted both traditional and nontraditional buyers, ultimately being acquired by an agricultural operator with plans to repurpose the property for workforce and operational lodging needs, a reflection of the growing demand for alternative-use hospitality assets.
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