Rodeway Inn Southern California

Adobe Falls Rd, San Diego, California, 92120, United States Price: Not Available
5
Sold
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Seller’s Broker
Yatish Nathraj - DRE 01806251
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