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| Ahmed Kabani |
CLEARWATER, FL, July 1, 2020 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in
investment sales, financing, research and advisory services, announced today
the sale of SureStay Plus Hotel by Best Western Clearwater Central, a
178-room hospitality property located in Clearwater, FL, according to Scott
Lunine, regional manager of the firm’s Miami office.
The asset sold for $10,500,000.
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| Scott Lunine |
Ahmed Kabani, an investment specialist
in Marcus & Millichap’s Miami office, had the exclusive listing to market
the property on behalf of the seller, a private investor.
SureStay Plus Hotel by Best Western
Clearwater Central is located at 21030 US Hwy 19 N in Clearwater, FL.
“The courtyard-style hotel sits on 4.79 acres of land and was originally
built as a Hampton Inn," says Kabani.
"The premier location of this asset, close to the world class
beaches of Clearwater, attracted the buyers to acquire the hotel. The buyer,
who was represented by a local broker, has creative plans for this hotel.”
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| SureStay Plus Hotel by Best Western Clearwater Central |
CONTACT:
Scott Lunine
Vice President
and
Regional Manager
Miami, FL
(786) 522-7000
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