Two Clearwater Hotels Sold For A Total of $20.6 Million

By Jay Wittner May 9, 2022

Two Clearwater hotels with a total of 183 units were bought for $20.6 million for conversion into workforce housing. The hotels were the Residence Inn & the TownePlace Suites. The hotels sit on 11.2 acres of property and consist of 14 3 story buildings. The buyer was Eagle Property Capital. The hotel addresses are 13200 49th St. N. & 5050 Ulmerton Road. #cre #multifamily #clearwater