{"id":1004460511,"date":"2020-07-03T02:44:23","date_gmt":"2020-07-03T10:44:23","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004460511"},"modified":"2025-02-26T03:15:58","modified_gmt":"2025-02-26T11:15:58","slug":"marcus-millichap-brokers-tampa-hotel-deal","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-brokers-tampa-hotel-deal\/","title":{"rendered":"Marcus &#038; Millichap Brokers Tampa Hotel Deal"},"content":{"rendered":"<div id=\"attachment_1004460514\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/SureStay-Plus-Hotel-by-Best-Western-Clearwater-Central.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004460514\" data-attachment-id=\"1004460514\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-brokers-tampa-hotel-deal\/surestay-plus-hotel-by-best-western-clearwater-central\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/SureStay-Plus-Hotel-by-Best-Western-Clearwater-Central.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"SureStay Plus Hotel by Best Western Clearwater Central\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;SureStay Plus Hotel by Best Western Clearwater Central. &lt;i&gt;Image via Google Street View&lt;\/i&gt;&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/SureStay-Plus-Hotel-by-Best-Western-Clearwater-Central.jpg?w=800\" class=\"wp-image-1004460514 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/SureStay-Plus-Hotel-by-Best-Western-Clearwater-Central.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/SureStay-Plus-Hotel-by-Best-Western-Clearwater-Central.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/SureStay-Plus-Hotel-by-Best-Western-Clearwater-Central.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/SureStay-Plus-Hotel-by-Best-Western-Clearwater-Central.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004460514\" class=\"wp-caption-text\">SureStay Plus Hotel by Best Western Clearwater Central. <i>Image via Google Street View<\/i><\/p><\/div>\n<p>Marcus &amp; Millichap has completed the $10.5 million sale of SureStay Plus Hotel by Best Western Clearwater Central, a 178-key property in Clearwater, Fla. Senior Vice President Ahmed Kabani negotiated the deal on behalf of the seller, a private investor. According to public records, the asset last changed hands in 2018, when HRC Hotels sold it for $7.7 million.<\/p>\n<p>Located on a 5-acre parcel at 21030 U.S. Highway 19 N, the property was completed between 1964 and 1973. SureStay Plus Hotel by Best Western Clearwater Central is close to the retail corridor along Gulf to Bay Boulevard and 6 miles north of the St. Pete-Clearwater International Airport.&nbsp;The hotel used to operate under HRC\u2019s Hampton Inn brand, but following the 2018 sale it was renamed. Amenities include a swimming pool, fitness center and laundry facility.<\/p>\n<p>Last December, Kabani, along with colleague Juan Alzate,&nbsp;<a href=\"https:\/\/www.commercialsearch.com\/news\/orlando-resort-trades-for-21m\/\">spearheaded the $21 million sale<\/a> of CoCo Key Hotel and Water Resort, a 396-key property in Orlando, Fla. InSite Group sold the asset to a private investor.<\/p>\n<div><em>If you\u2019d like to be featured in Brokers\u2019 Corner, simply fill in <\/em><a href=\"https:\/\/www.surveymonkey.com\/r\/BrokersCorner\" target=\"_blank\" rel=\"noopener\"><strong><em>our short form<\/em><\/strong><\/a><em> or send your deal to <\/em><a href=\"mailto:deals@cpe-mhn.com\" target=\"_blank\" rel=\"noopener\"><strong><em>deals@cpe-mhn.com<\/em><\/strong><\/a><em>.<\/em><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Senior Vice President Ahmed Kabani assisted the seller of the 178-key property. <\/p>\n","protected":false},"author":867,"featured_media":1004365520,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21751,21783,21742,1612],"tags":[33352,49663,34836],"class_list":["post-1004460511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-hotel","category-investment","category-latest","category-tampa","tag-best-western","tag-hrc-hotels","tag-marcus-millichap"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Marcus &amp; 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