JC Investments FL has sold the Quality Inn & Suites Kissimmee by the Lake in Florida in a deal arranged by DSH Hotel Advisors. Dennis Hopper, CCIM, managing principal, Tyler Quijano, senior investment associate, and Sam Subodh Patel, senior investment associate, arranged the sale as DSH Hotel Advisors represented both the seller and the buyer in the transaction.
DSH Hotel Advisors held the exclusive assignment and marketed the property to a broad pool of qualified hotel investors, generating strong interest due to the asset’s location within one of Central Florida’s most established hospitality corridors, generating 140+ signed Confidentiality Agreements from qualified buyers and receiving multiple offers from buyers throughout the country.
“This transaction highlights the value of focused, hands-on representation,” Hopper said in a statement. “Our team executed a disciplined marketing and targeted buyer-outreach strategy that resulted in a successful closing for ownership. The property was marketed with an asking price of $10,900,000, with the final sale price undisclosed. This sale further expands our track record across the Orlando MSA, adding to a substantial list of hotel transactions we have brokered throughout Orlando, Kissimmee, and surrounding markets, including multiple branded select-service, midscale, and upper midscale properties.”…