Boulder Hotel Co., LLC recently sold-off six hotel properties in their Florida portfolio, three of which are in Tampa.
The portfolio was sold to real estate investment trust, American Hotel Income Properties, for a total of $61 million. Excluding the mandatory $10.6 million in brand-related property improvements, this totals to about $109,000/unit.
The Tampa properties sold are:
- 81-unit Courtyard Tampa at 13575 Cypress Glen Ln, 33637.
- 100-unit Staybridge Suites at 3624 N. Falkenburg Rd, 33619.
- 86-unit Wingate by Wyndham at 3751 E. Fowler Ave, 33612.
Boulder Hotel Co Sells Florida Portfolio
Boulder Hotel Co., LLC recently sold-off six hotel properties in their Florida portfolio, three of which are in Tampa.
The portfolio was sold to real estate investment trust, American Hotel Income Properties, for a total of $61 million. Excluding the mandatory $10.6 million in brand-related property improvements, this totals to about $109,000/unit.
The Tampa properties sold are: