Shreeji Hotels LLC Acquires Hotel In Gulfport, MS For $4.4M

A hotel located at 9375 US 49 in Gulfport, MS, has been sold in a recent transaction. The property was purchased by Shreeji Hotels LLC from NH Hotel LLC for a total sale price of $4,400,000. The hotel comprises 95 rooms and has a price per key of $46,316.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $4,400,000
• Address: 9375 US 49, Gulfport, MS
• Market: Gulfport, MS
• Buyer: Shreeji Hotels LLC
• Seller: NH Hotel LLC
• Brokers: Ahmed Kabani, Lucas Mondino & Suraj Dalal - Marcus & Millichap
• Keys: 95
• Price Per Key: $46,316

Ahmed Kabani, Lucas Mondino, and Suraj Dalal of Marcus & Millichap represented the buyer and seller in this transaction.