Trimont Real Estate Advisors Hotel Acquisition Update 09/15/23

Trimont Real Estate Advisors Acquires Three Hotels in Tampa for $40.8 Million

 

 

Atlanta-based real estate firm Trimont Real Estate Advisors acquired three Tampa hotels, the Courtyard by Marriott, Fairfield Inn & Suites and Homewood Suites, for$40.8 million. According to Hillsborough County records the properties were purchased in separate transactions. The Courtyard by Marriott Tampa, located at 10152 Palm River Road, Tampa a 90-key hotel, was purchased for $10.78 million. Located at 10150 Palm River Road, Fairfield Inn & Suites Tampa, the 107-key hotel sold for $9.76 million. Homewood Suites Tamp, located at 10240 Palm River Road, a 127-key hotel was acquired for $20.29 million. The three hotels are located along I-75 in Tampa in close proximity to offices, industrial properties as well as shopping and dining venues.

Photo: Courtyard by Marriott Tampa

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