The 147-room motel at 7455 W. Irlo Bronson Memorial Highway sits on 3.2 acres just west of Reedy Creek Drive.
The Texas-based budget hotel chain originally developed the motel in 1983 and sold it in 1998 for $5.66 million. The company bought it back in 2012 for $5.2 million before selling it again to Khatiwala.
It's the only Motel 6 in DHG's portfolio. The company primarily owns and operates Hampton Inns and Best Westerns. Officials with DHG did not respond to requests for comment.
Magic Village 2, a $165 million townhome resort, is under construction immediately north of the motel.
Red Lion opened its first Florida hotel in a renovated motel across the street from the Motel 6, and Jumani Hospitality is in the process of renovating the Toscana Suites right next door. The Jumani property will reopen as two separate hotels, the first being a Hawthorne Suites.