Wingate hotel in Miramar, Fla., sold for $8.75M

A Wingate by Wyndham hotel in Miramar, Fla., was sold for $8.75 million. Hunter Hotel Advisors represented the seller.

The Atlanta-based investment advisory firm identified the seller only as a Florida investment group and the buyer as a "local investor."

The last owner of the four-story, 100-room hotel at 2800 S.W. 149th Ave, was Win Inn Lodging, which has ties to Miami-based Hospitality Operations, according to Florida corporation records.

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The Miramar Wingate hotel, which opened in 2001, is the 12th Florida hotel that Hunter Hotel has advised on in the past four months. The Wingate last traded for $6 million on July 20, 2001, Broward County property records show.

Hunter Hotel also represented the sellers in the sale of at least two other Broward hotels this year — the Hampton Inn Fort Lauderdale/Downtown Las Olas Area hotel in Fort Lauderdale and the Hilton Garden Inn Fort Lauderdale Southwest/Miramar hotel in Miramar.

The 156-room Hampton Inn, at 250 N. Andrews Ave., sold for $23 million to Apple Nine Hospitality Ownership of Richmond, Va., according to property records. The 149-room Hilton Garden Inn in Miramar, at 14501 Hotel Road, sold for $22.1 million to Schulte Hospitality Group of Kentucky.