The Four Points Sheraton in the heart of the tourist district in Orlando has traded hands for $23 million. The 19-story 301 room hotel, located at 5905 International Drive, was sold to Benjamin Mallah, principal and founder of Largo-based Equity Management Partners. The purchase price works out to $76,412 per room key. The company is planning a $4 million renovation that will provide some much-needed upgrades and modernization. The asset was last sold for $15 million to Icon Orlando LLC in 2015.
