Sleep Inn & Suites Ocala-Belleview in Ocala, Florida Sold

DSH Hotel Advisors announced that Dennis S. Hopper, CCIM, Managing Principal of the firm, Randy B. Taylor, Senior Vice President Investments, and Dylan N. Amin, Vice President Investments arranged the confidential sale of the 74-room Sleep Inn & Suites Ocala-Belleview in Ocala, Florida for an undisclosed price on September 13^th, 2023. DSH Hotel Advisors represented the seller, Mario Hotels, LLC, and the buyer, Ocala 484 Hotel, LLC.

"The Sleep Inn Ocala-Belleview, a well-established hotel known for its prime location within Ocala, has been acquired by a strategic buyer who we are confident will build upon the hotel's strong foundation and drive its continued success. This transaction was facilitated through a confidential marketing approach, in which we were able to attract qualified buyers and negotiate a mutually beneficial outcome for all parties involved. With a vast network of industry connections and deep market knowledge, DSH Hotel Advisors is a trusted partner for hotel owners and investors seeking representation in the marketplace. This transaction underscores our ability and commitment to provide tailored solutions for our clients' specific needs and delivering exceptional results.", says Hopper.

"We are excited to announce the successful sale of the Sleep Inn & Suites Ocala-Belleview. This transaction highlights the robust demand for well-positioned/priced hospitality assets in Florida and demonstrates our commitment to delivering exceptional results for our clients. One of the most notable aspects of the sale is that it was completed using our confidential marketing approach and traded at a healthy market value, highlighting our precision in pricing and market evaluation. Our team is confident the new owner will be very successful at this location.," says Taylor.

"We are thrilled to announce the successful sale of the Sleep Inn & Suites in Ocala, Florida. This transaction truly demonstrates our firm's capabilities and experience in the hospitality sector. Our team's expertise in marketing premium-branded assets helped secure a buyer who recognized the long-term potential of this property, as its prime location, impressive performance history, and upside from renovations will allow the new owner to maximize returns. Deals like this highlight our firm's unique strengths - our relationships with major hospitality investors, proprietary database of qualified buyers, and track record of closing complicated transactions. The sale of the Sleep Inn & Suites reinforces our firm's position as a premier hospitality brokerage firm serving owners and investors in the Southeast U.S. and nationwide," says Amin.