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Kevish Patel Acquires Hotel In New Port Richey From HDG Hotels For $9.9M

5316 US-19
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This Hotel property located in FL was sold for $9,900,000 over 1 year ago. The brokers of the deal were Ryan Nee, Jack Davis, Joce Messinger, Josh Williams, Joseph (Joe) Simpson, and Eric Webster

A hotel located at 5316 US-19 in New Port Richey has been sold for a price of $9,900,000. The property consists of 150 keys, with a price per key of $66,000. The transaction took place on 07/07/2022 and the buyer was Kevish Patel, while the seller was HDG Hotels.

Summary of transaction details

The deal was facilitated by brokers Ryan Nee, Jack Davis, Joce Messinger, Josh Williams, Joe Simpson, and Eric Webster from Marcus & Millichap.

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Deals
  • Location
    5316 US Route 19, New Port Richey, Florida 34652, United States5316 US Route 19, New Port Richey, Florida 34652, United States
  • Sale Price
    $9,900,000$9,900,000
  • Asset Type
    HotelHotel
  • Parties
    6 Brokers, 1 Agency6 Brokers, 1 Agency

Agents

Josh Williams

Josh Williams

Deals1
Sold$9.9M

Ryan Nee

Ryan Nee

Deals15
Sold$325.2M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals7003
Volume$66B

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Deal Summary

SALE IMAGE: Ryan Nee & Jack Davis DATE: 07/07/2022 ADDRESS: 5316 US-19 MARKET: New Port Richey ASSET TYPE: Hotel BUYER: Kevish Patel SELLER: HDG Hotels BROKERS: Ryan Nee, Jack Davis, Joce Messinger, Josh Williams, Joe Simpson & Eric Webster - Marcus & Millichap (@MarcusMillichap_Fl) SALE PRICE: $9,900,000 KEYS: 150 ~ PPK: $66,000

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5316 US-19

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