Target acquisition criteria are listed below:
Hotel properties may be branded, unbranded, or developable to meet branding standards, or may be ‘to-be-built improvements’ to enhance NOI.
Upper-midscale to Upscale
RevPAR: $115+, or potential
Other preferences include fee simple ownership, 100% ownership interest. Additionally, the property may be either unencumbered or encumbered with a strong Hotel Management Agreement in place. Seller’s participation is encouraged.

Hotel

$20,000,000 to $250,000,000

Tampa, FL, USA Fort Myers, FL, USA Naples, FL, USA Pelican Bay, FL, USA Bonita Springs, FL, USA Estero, FL, USA Fort Myers Beach, FL 33931, USA McGregor, FL, USA Cape Coral, FL, USA North Fort Myers, FL, USA Pine Island, FL 34607, USA Pineland, FL 33922, USA Sarasota, FL, USA Bradenton, FL, USA Sun City, FL 33570, USA Apollo Beach, FL, USA Gibsonton, FL, USA Clearwater, FL, USA St. Petersburg, FL, USA

Cap Rate: 8% % to 14%% Units: 100 to 250