ORLANDO, FL—Holliday Fenoglio Fowler L.P. (HFF) has closed the sale of the Hampton Inn Daytona Beach/Beachfront, a 90-room, select-service beachfront hotel in Daytona Beach, FL.
HFF marketed the property on behalf of the seller, Humphrey Realty Corp. Driftwood Acquisitions & Development LP, an affiliate of the hotel management company Driftwood Hospitality Management LLC, purchased the asset free and clear of debt and unencumbered of management, according to the company.
Formerly known as the Ocean Sands Hotel, the eight-story property underwent a complete renovation and brand conversion to a Hampton Inn in 2013.
Amenities include a heated outdoor pool with pool bar, pool deck, whirlpool, fire pit and children’s splash pad; fitness center that overlooks the pool deck and Atlantic Ocean; business center; on-site convenience store; and 266 sq. ft. of meeting space.
The HFF investment sales team representing the seller was led by Preston Reid and Alexandra Lalos, associate directors, and Michael Weinberg, senior managing director.