Kabani Hotel Group Brokers Sale of Southern Oaks Inn St. Augustine

MIAMI, Florida—Kabani Hotel Group announced the successful sale of the Southern Oaks Inn St. Augustine, a 124-room exterior corridor property in St. Augustine, Florida. The hotel sold for $12,501,000, equating to approximately $100,814 per room. The transaction was exclusively listed and brokered by Lucas Mondino, partner at Kabani Hotel Group. “We brought this asset to market with a tailored strategy and were able to generate multiple competitive offers within the first 30 days,” said Lucas […]

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