Boca Raton Investor Sells 123-Key Holiday Inn in Tampa for $6.3 Million
Boca Raton, Florida based investor Waramaug Hospitality sold the Holiday Inn Express & Suites Tampa-USF-Busch Gardens, a 123-key hotel in Tampa, Florida, for $ 6.33 million, or about $ 51,000 per key. A joint venture between investment firm TCOR Hotel Partners and private equity firm TriGate Capital LLC purchased the hotel. The partnership also secured a five-year, fixed-rate acquisition loan from an undisclosed local bank. Located at 2807 E….
Tampa/St. Petersburg Commercial Real Estate News From CoStar Group