Exceptional and unique opportunity to acquire an outstandingly constructed and unencumbered hotel in the heart of Northern California. Conveniently located on Highway 101, this hotel provides guests easy access to both the Bay Area and Monterey Peninsula in a highly sought after market. An investor can acquire this fabulous asset and take advantage of Northern California’s excellent long-term economic and real estate fundamentals. La Quinta Conversion potential!
Features
3-Story building opened in ’87 & ‘98
125 Oversized rooms and suites, on-site parking, restaurant, fitness center, business center and heated outdoor pool/whirlpool
Extensive meeting space and Managers living quarters
Specifications
Ownership: Fee Simple
Lot Size: 3.25 Acres
Franchise: Unencumbered
Management: Unencumbered
Financing: New required
Estimated PIP: None as independent
Investment Highlights
Fee Simple ownership in a modern, well constructed hotel
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