Hospitality

Southern California Select-Service Hotel Portfolio

12611 Memorial Way Moreno Valley, CA United States 92553
Asking Price Contact for pricing
Sq. Footage N/A
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 2009

Property Description

Southern California Select-Service Portfolio consisting of a Residence Inn, SpringHill Suites, and Hampton Inn & Suites totaling 359 keys.

Investment Highlights

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.
Scott Hall
Scott Hall
Senior Managing Director Co-Head
Licensed in
01917029S.0181537
Blake Malecha
Associate

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