Sold Rodeway Inn Southern California
Adobe Falls Rd, San Diego, California, 92120, United States
Price: Not Available
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5Sold
Seller’s BrokerYatish Nathraj - DRE 01806251Type: 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
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