Wednesday, January 27, 2021
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1950 West 49th St.

Address 1950 West 49th St.
City/State: Hialeah, Florida - FL
Size: 258
Property type: Hotel & Resort
Status: SOLD
Transaction Date: 10/26/2020
Price: $15,250,000
Price per unit /sqft: $59,108


Note:
The Estate Investment Group has paid $15.25 million, or about $59,108/room, for a shuttered Ramada Inn hotel in south Florida. A venture that includes Miami Corporate Partners sold the four-story hotel, at 1950 West 49th St. in Hialeah, Fla., which was built in 1970.The buyer has not said what it will do with the property.


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