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.