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Rodeway Inn Southern California

Adobe Falls Rd, San Diego, California, 92120, United States Price: Not Available
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    5
    Sold
    Inquire Now
    Seller’s Broker
    Yatish Nathraj - DRE 01806251
    ynathraj@htlha.com
    951-906-4916
    Broker profile
    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
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