DSH Hotel Advisors Arranges Sale of 63-Room Tampa Bay Area Hotel - The Microtel Inn & Suites Zephyrhills for $4,000,000.00

News provided by

Mar 03, 2020, 08:41 ET

TAMPA, Fla., March 3, 2020 /PRNewswire/ -- DSH Hotel Advisors, a national hotel brokerage and advisory firm headquartered in Tampa, Florida – specialized solely in hotels – announced that Dennis Hopper, Managing Principal, and Randy Taylor, Investment Associate, closed on the Microtel Inn & Suites by Wyndham – Zephyrhills, Florida on February 28th, 2020 for $4,000,000. Mr. Hopper and Mr. Taylor represented the buyer, Blueturn LLC and the seller, Nilkanth Hotel LLC.

The sale represents another successful hotel transaction in Florida for DSH Hotel Advisors – a hotel brokerage firm that has gained significant market share in recent years – with more active and exclusively listed hotels in Florida than most hotel brokerage firms in the U.S.

"While the hotel appears to be in great condition, the buyers intend to further improve the property in an effort to boost property performance and value. The Microtel Inn & Suites is well positioned within the city of Zephyrhills, a fast-growing suburb of Tampa, and investor demand seems to be at an all-time high for hotel assets in the Tampa Bay MSA. Buyers that are both nationally and internationally based continue to keep a close eye on the Tampa market in hopes of finding hotel investment opportunities – this is widely due to the unique and diverse demand generators coupled with the high level of growth that the area offers," says Hopper.

About DSH Hotel Advisors www.DSHHotelAdvisors.com:

DSH Hotel Advisors is a national hotel brokerage and advisory firm based out of Tampa, Florida. The firm exclusively represents investors seeking an acquisition or disposition of hotel assets throughout the United States, with a regional focus in the southeast. The company has deeply rooted relationships with key personnel throughout the hospitality industry, including independent and institutional investors, real estate and franchise attorneys, management companies, franchisors, contractors, and lenders, allowing them to deliver a full spectrum of service to their clients and ensure the best team is on the field for every assignment. In addition to the vast network of hotel buyers within DSH Hotel Advisors' network, the company also promotes collaboration with other brokerage firms in an effort to maximize the sales price on every exclusively listed assignment.

Media Contact:
Dennis Hopper
[email protected]
813-605-1756

SOURCE DSH Hotel Advisors