SMP Hospitality Acquires Hotel In Weeki Wachee, FL For $5.65M

A hotel located at 9373 Cortez Blvd in Weeki Wachee, FL has been sold for a total price of $5,650,000. The property, owned by Maya Motels Inc, was purchased by SMP Hospitality, LLC. The transaction was facilitated by brokers Dennis S. Hopper & Randy B. Taylor from DSH Hotel Advisors. The hotel features a total of 68 keys, with a price per key of $83,088.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $5,650,000
• Address: 9373 Cortez Blvd, Weeki Wachee, FL
• Market: Weeki Wachee, FL
• Buyer: SMP Hospitality, LLC
• Seller: Maya Motels Inc
• Brokers: Dennis S. Hopper & Randy B. Taylor - DSH Hotel Advisors

Dennis S. Hopper & Randy B. Taylor from DSH Hotel Advisors played a crucial role in representing the buyer and seller during the transaction. The sale of this hotel demonstrates the demand and investment opportunities in the Weeki Wachee, FL market.