Kabani Hotel Group has closed on the sale of the Inn at Boynton Beach, a 102-room, interior-corridor hotel in Boynton Beach, FL. The property sold for $8.1 million, representing a price per key of $79,412 and a room revenue multiple of 4.78x.
The transaction was exclusively listed and brokered by Suraj Dalal, partner, Kabani Hotel Group, alongside Ahmed Kabani, the firm’s CEO/founder. The sale marks the 16th closing of 2025 for the team.
“Understanding the Live Local Act was key to helping buyers see the true potential of this property,” said Dalal. “We had to think beyond the traditional hotel-buyer pool to maximize value here. In today’s market, where hotel demand isn’t as strong, we’re leveraging our network of multifamily, assisted living and alternative-use investors to unlock value for hotel owners. It is a common theme we are seeing here in 2025, which has resulted in us driving both higher pricing and quicker closings for our clients.”
The property was ultimately acquired by the Boynton Beach Community Redevelopment Agency (CRA), which is dedicated to reinvestment and economic revitalization within the city’s urban core. The Kabani Team participated in multiple CRA board meetings to structure agreeable terms and leveraged competing offers to achieve optimal pricing for the seller.
“This transaction reflects our team’s ability to position underperforming assets to attract multiple buyer types and deliver strong outcomes for ownership,” said Ahmed Kabani. “The CRA recognized the long-term potential of this location, and we are proud to have facilitated a successful result for both parties.”
