Description
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<p><strong>California USA 4* Hotel 9% Cap Rate Reduced 10.5 M 130+Keys Building Size: 90,000 + SF , This is a full service hotel with restaurant, banquet room, conference room, fitness center, swimming pool, laundry room and large parking lot with 160+ spaces</strong>. </p>
<p>HOTEL SELLING AT A LOSS !<br /> <br /> <strong>Original Purchase Price: $45.0 Million</strong><strong><br /> <strong>Purchase Price now: $</strong></strong><strong> 34.440.000</strong></p>
<p>Cap Rate: 9%<br /> <br /> Building Size: 90,000 + SF<br /> No. Stories: 3+, Price Per Room: $232,624 Average Daily Rate: $180.00 <br /> Building Class: B <br /> <br /> <span style="text-decoration: underline;">INVESTMENT HIGHLIGHTS</span><br /> 90,000+ SF Hospitality Building<br /> Low density Luxury Brand Hotel with 130+ guest rooms. This is a full service hotel with restaurant, banquet room, conference room, fitness center, swimming pool, laundry room and large parking lot with 160+ spaces. <br /> Large luxury lobby on ground floor. <br /> The Hotel ranks No. 1 in California and No. 8<br /> At previously offered price of $45M Cap Rate is at a 6.53%.<br /> Cap is now close to 9% with the discounted price of $<strong>34.440.000</strong></p>
<p>We are ready to provide with more detailed financial data upon signature of soft LOI (without penalties for non-buying) showing the financial credibility and interest of the potential buyer.</p>
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California USA 4* Hotel 9% Cap Rate Reduced 10.5 M 130+Keys Building Size: 90,000 + SF , This is a full service hotel with restaurant, banquet room, conference room, fitness center, swimming pool, laundry room and large parking lot with 160+ spaces.
California USA 4* Hotel 9% Cap Rate Reduced 10.5 M 130+Keys Building Size: 90,000 + SF , This is a full service hotel with restaurant, banquet room, conference room, fitness center, swimming pool, laundry room and large parking lot with 160+ spaces.
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