Blueturn LLC has acquired the Microtel Inn & Suites by Wyndham – Zephyrhills for $4 million. Dennis Hopper and Randy Taylor of national hotel brokerage and advisory firm DSH Hotel Advisors arranged the sale on behalf of both the buyer and seller, Nilkanth Hotel LLC.

The 63-room hotel is located at 7839 Gall Blvd. within the city of Zephyrhills, a fast-growing suburb of Tampa.

“While the hotel appears to be in great condition, the buyers intend to further improve the property in an effort to boost property performance and value,” said Hopper, managing principal at DSH. “Investor demand seems to be at an all-time high for hotel assets in the Tampa Bay MSA. Buyers that are both nationally and internationally based continue to keep a close eye on the Tampa market in hopes of finding hotel investment opportunities – this is widely due to the unique and diverse demand generators coupled with the high level of growth that the area offers.”

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