Daniel Singh Acquires Hampton Inn Tampa International Airport From Encore Enterprises For $18.25M
4817 West Laurel Street
$18,245,000
$324/SF
Building Size
56,270 SF
Asset Type
Hotel
Closing
Dec 10, 2025
About this deal
AI
The asset involved in this transaction is a hotel located at 4817 West Laurel Street, in the Tampa market. The sale price was $18,245,000, encompassing 132 keys. The hotel has a total square footage of 56,270, leading to a price per key of $138,219 and a price per square foot of $324.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $18,245,000
- Address: 4817 West Laurel Street
- Market: Tampa
- Keys: 132
- Square Footage: 56,270
- Price Per Key: $138,219
- Price Per Square Foot: $324
- Buyer: Daniel Singh
- Seller: Encore Enterprises
- Brokers: Sean Shahar Ziv & Ran Ziv - GLT Group Brokerage
Sean Shahar A. Ziv of GLT Group Brokerage represented the seller and successfully procured the buyer for the transaction. GLT Group Brokerage is recognized as a leading boutique brokerage firm and facilitated this off-market sale of the Hampton Inn Tampa–International Airport/Westshore, positioned within Tampa's Westshore office hub, catering to substantial corporate demand and close to TPA airport.
On the Map
$18,245,000
$324/SF
Hotel
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Players
Tampa 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
0.87%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93