Rodeway Inn Southern California
Adobe Falls Rd, San Diego, California, 92120, United States
Price: Not Available
5
Sold
| Type: | Limited Service |
| Location: | Near QualCOMM Stadium and San Diego State University |
| Number of Rooms: | 64 |
| Meeting Space: | 1 |
| Year built: | 1975 |
| Corridors: | Exterior |
| Parking: | Surface |
| Parking Spaces: | 74 |
| Number of Buildings: | 2 |
| Stories: | 2 |
| Amenities: | pool |
| Occupancy: | 80.6 |
| Average Daily Rate: | 86.28 |
| Financing: | New SBA Loan 15% for qualified borrowers |
| Franchise: | Choice Hotels |
| Status: | Sold |
HTL is pleased to announce the successful close of escrow of Rodeway Inn San Diego Qualcomm Stadium; Yatish Nathraj an HTL Hotel Broker agent that specializes in hotel real estate brokerage was able to find a buyer within the exclusive listing time. The buyer was a first time hotel owner, Mr. Nathraj was able to help find a primary lender for the first trust deed loan and successfully negotiated a seller carry back.
The Property is a 64-room exterior corridor hotel with a 2- bedroom managers apartment located right off the 8 freeway in San Diego, California.
- Pride of ownership
- Great upside in management
- Freeway location
- Excellent owner operator opportunity
