Days Inn Site At Florida Mall Changes Hands

ORLANDO, FL— Atlanta, GA-based Thompson Calhoun Fair LLC has advised a Chicago, IL-based lender in the disposition of the Days Inn and Days Lodge at the Florida Mall near the downtown area to a private equity investor for a reported $4,005,000. The hotel sits on 6.5 acres and consists of 440 guestrooms situated in seven separate buildings. Of these, 245 units are configured as one-bedroom apartments with kitchens. The hotel, built in 1973, features an outdoor pool and pool bar and approximately 750 square feet of meeting space. According to Keith Thompson, a founding partner of the brokerage firm: “The buyer owns a number of other Orlando assets and plans extensive renovations of [this newly added]property. Also, there is the potential to change the use of the property to better fit the demand needs of the Florida Mall area,” he maintained.