VSK Express has sold the 68-room Comfort Inn & Suites Deland – Orlando MSA - for an undisclosed price to SHIVA 400. DSH Hotel Advisors' Dennis Hopper, CCIM, managing principal of the firm, Randy Taylor, senior vice president investments, and Dylan Amin, vice president investments, along with Vandan Patel, investment associate, arranged the sale.
DSH Hotel Advisors held the exclusive listing with the seller, generating 127+ signed confidentiality agreements from qualified buyers and receiving five offers from qualified buyers throughout the country.
"The sale of the Comfort Inn & Suites Deland is a great example of our team's ability to generate multiple offers on a Florida hotel asset, and ultimately maximize sale price while providing a unique purchasing opportunity for the buyer, Hopper said in a statement. "Our proven marketing strategies and industry connections have our firm established as a leader in the Midscale hotel transaction space."
The Comfort Inn & Suites Deland – Orlando MSA - is located directly off International Speedway Boulevard, 45 minutes from downtown Orlando in an area with growing tourism and economic development opportunities. The property features spacious rooms, complimentary breakfast, free Wi-Fi, and an outdoor pool. The property is located within close proximity to Stetson University and close to local attractions like Blue Spring State Park.