Tampa brokerage sparks bidding war for $5.2M Georgia hotel

A Tampa brokerage closed a 5.2 million Georgia hotel sale after more than 120 buyers sparked a competitive bidding war.

A Tampa-based hotel brokerage has closed another competitive sale as investor activity continues to rise across the Southeast.

DSH Hotel Advisors arranged the $5.2 million sale of the Sleep Inn and Suites in Valdosta.

The deal drew more than 120 interested buyers and five formal offers, which signals continued momentum in renovated midscale hotels.

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This article explains what happened, why the sale matters for regional investors and how the trend around interior entry hotels is shaping buyer behavior.

What happened

DSH Hotel Advisors reported that Managing Principal Dennis Hopper, with Investment Associate Vandan Patel and Senior Vice President of Investments Randy Taylor, arranged the sale of the 71-room Sleep Inn and Suites.

Falak Properties bought the asset from 1031 Specialists Processor for $5.2 million.

The firm handled the listing exclusively and attracted more than 120 confidentiality agreements along with five qualified offers.

The hotel has interior-entry rooms and sits off Interstate 75, offering steady visibility and access to drivers headed toward Wild Adventures Theme Park or Valdosta State University.

The property recently completed a series of upgrades that included new guest room and hallway carpeting, lobby seating, updated bathroom tile and new AC units.

Hopper said the renovations and location helped drive interest.
“This is a great example of a well-located renovated hotel attracting strong demand,” Hopper said.

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Patel said interior entry hotels continue to perform well.
“This sale highlights the continued strength of well-positioned interior entry hotels,” Patel said.

Taylor said alignment between buyer and seller was key to the closing.
“Our focus on aligning the goals of the seller and buyer helped us deliver another successful hotel sale,” Taylor said.

What’s happening now

This sale fits a broader pattern across the Southeast. Renovated midscale hotels priced below replacement cost continue to trade even as buyers remain cautious in other commercial real estate sectors.

Interior entry hotels have held investor attention throughout 2024 and 2025 due to consistent performance, lower staffing needs and reliable demand in secondary markets.

READ: Steve King leaves Meals on Wheels Tampa stronger than he found it

Valdosta and Lowndes County also continue to see year-over-year growth, which supports underwriting confidence.

What this means for you

  • For Tampa Bay investors

Southeast hotel assets are still moving and renovated properties remain attractive entry points. Buyers with strong operational plans or franchise relationships are gaining ground in markets like Valdosta, Jacksonville, St. Augustine and Lakeland.

  • For hotel owners

Capital improvements can increase interest quickly. Properties with fresh FF&E, updated public areas and low replacement risk are generating more competitive offers.

  • For developers and brokers

Interior entry hotels remain one of the most stable categories in the midscale market. Buyers continue to favor predictable performance and strong highway locations.

  • For family offices

The sale is another example of how value-add hospitality assets can provide strong returns with manageable risk profiles. A steady Southeast travel pipeline helps with long-term planning.

What you should do

Here are steps owners and investors may consider:

  • Review renovation priorities

Small upgrades tend to improve buyer interest and support stronger offers.

  • Evaluate exit timing

The Southeast continues to outperform many other U.S. regions. Hospitality demand has stayed steady through shifts in interest rate expectations.

  • Track highway markets

Interstate properties remain consistent performers due to high visibility and traffic flow.

  • Monitor replacement costs

Hotels priced below replacement cost continue to attract competitive offers, making this category attractive to both sellers and buyers.

Takeaway

The $5.2 million sale of the Sleep Inn and Suites in Valdosta reflects continued strength in renovated midscale hotels.

It underscores how interior-entry assets remain top performers in the Southeast lodging market. The deal adds to a growing list of closings by DSH Hotel Advisors, which signals continued movement across Florida and Georgia.

TBBW will continue to track hospitality trends that matter to regional investors and owners.

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