Southern California Select-Service Portfolio consisting of a Residence Inn, SpringHill Suites, and Hampton Inn & Suites totaling 359 keys.
HFF is pleased to present the opportunity to acquire the fee-simple interest in three institutionally-owned Marriott and Hilton premium-branded select-service hotels totaling 359 rooms (“Portfolio”, “Properties” or “Hotels”) in Southern California. Comprised of a Residence Inn, SpringHill Suites and a Hampton Inn & Suites, the Portfolio offers strong brand affiliations in the Kern County and Inland Empire markets. Benefiting from best-in-class Marriott and Hilton flags, the Portfolio averages nearly $16,000 in EBITDA per key. Unencumbered of management, the Hotels offer potential investors attractive going-in yields with critical mass and potential cost savings and economies of scale. The Properties are offered unencumbered of debt and can be acquired as a portfolio or on an individual basis.