DSH Hotel Advisors Arranges Sale of 86-Room Microtel Inn & Suites Port Charlotte, Florida For $7,000,000

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Sep 17, 2018, 08:45 ET

TAMPA, Fla., Sept. 17, 2018 /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, closed on Microtel Inn & Suites by Wyndham – Port Charlotte, Florida on September 12^th, 2018 for $7,000,000. Mr. Hopper represented the buyer, Maingate East Development, Inc. and the seller, Interdevco, a Miami based investment group.

Microtel Inn & Suites Port Charlotte, Florida

"We generated a tremendous amount of interest on the Microtel from buyers throughout the U.S. and internationally – ultimately, the seller selected Maingate East Development, Inc. as the buyer due to their financial strength, hotel ownership experience, and attractive offer. We have seen a surge of hotel investors seeking opportunities in Southwest Florida due to the unique mix of corporate and leisure demand generators coupled with the positive outlook of the region," 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