Kabani Hotel Group has closed the sale of the 73-room Quality Inn Clermont West Kissimmee in central Florida for $3.5 million. Other terms and conditions were not disclosed.
The exterior-corridor property sold at full asking price, equating to approximately $47,945 per key and a 7.0x room-revenue multiple. The transaction was exclusively listed and brokered by Kabani Hotel Group partners Lucas Mondino and Kian McLean, along with founder and CEO Ahmed Kabani.
Built in 1996, the two-story hotel is positioned along the heavily traveled U.S. 192 corridor in the Four Corners submarket, an area seeing ongoing tourism, residential and workforce growth. The location offers access to Walt Disney World, Margaritaville Resort Orlando, Island H2O Water Park, ESPN Wide World of Sports and several regional employment centers.
According to Mondino, the transaction generated interest from both traditional hotel investors and nontraditional buyers exploring alternative operating strategies. The buyer ultimately operates in the agricultural sector and plans to use the property as lodging infrastructure to support broader business operations.
“The property’s location, flexible layout and accessibility along the U.S. 192 corridor created a compelling opportunity,” Mondino said, noting that its exterior-corridor design and efficient configuration were key factors in the buyer’s decision.
McLean added that the deal reflects a broader trend of nontraditional users acquiring hotel real estate for workforce housing and specialized operational needs, rather than purely as conventional hospitality investments. “This transaction is another example of how hotel real estate continues to attract a broader range of buyers pursuing alternative-use and workforce housing strategies,” he said.
Kabani said demand from adjacent industries underscores the underlying real estate value of hotel assets, particularly those with adaptable layouts and strong access to employment corridors.