MBA Hotel Brokers Inc., a member of Hotel Brokers International, announce their successful marketing and sale of the Wingate by Wyndham located in Lynn Haven, Florida. Suresh Patel, Associate Broker with MBA represented the seller, Panhandle Properties LLC, in the sale of the hotel.
MBA Hotel Brokers Inc., a member of Hotel Brokers International, announce their successful marketing and sale of the Wingate by Wyndham located in Lynn Haven, Florida. Suresh Patel, Associate Broker with MBA represented the seller, Panhandle Properties LLC, in the sale of the hotel.
The Wingate is located at 2610 Lynn Haven Parkway, Lynn Haven FL 32444. The hotel is 7 years old. The amenities include 67 keys, indoor pool, sauna, fitness center and more. The property is located in a growing market and close to many demand generators including beaches on Florida's Gulf Coast and a busy Air Force Base.
Charlie Fritsch President of MBA Hotel Brokers Inc said, “This was a challenging sale from the capital side, but Suresh’s knowledge, experience and persistent hard work brought the deal to closing.”
MBA Hotel Brokers Inc. has been advising on hotel transactions for over 17 years and has been a member of Hotel Brokers International for the last 12 years. MBA has five brokers carrying licenses in 11 states. Suresh Patel has been an associate broker with MBA for over 5 years. To learn more go to www.MBAHotels.com.
Founded in 1959, Hotel Brokers International is the industry leader in hotel real estate sales. HBI’s more than 75 hotel brokerage specialists have successfully negotiated more than 10,000 hotel real estate transactions and most recently have accounted for 48 percent of all select-service and economy hotel sales in the United States. The organization’s database currently comprises more than 150 property listings and the HBI website attracts more than 50,000 monthly site visitors from approximately 40 different countries. Founder and host of the popular Hotel Investor’s Marketplace Webcast, HBI also developed the Certified Hotel Broker professional designation program. In addition to hospitality real estate advisory services, HBI offers affiliate membership to professionals in allied fields, including franchising, lending, appraisals and investment services. For more information about HBI’s hotel listings or to become a broker or affiliate member, visit www.hbihotels.com.
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