2156 E Colorado Blvd - Hospitality FOR SALE


Pasadena, CA 91107- Lamanda Park
$16,000,000 USD
909-618-3765
2156 E Colorado Blvd, Pasadena, CA for Sale
$16,000,000 USD
Hospitality - FOR SALE
1/60
null | 5.23% Cap Rate

2156 E Colorado Blvd
Pasadena, CA 91107
Lamanda Park


OVERVIEW

Presenting a rare opportunity to acquire a flagged hospitality asset in one of Southern California’s most prestigious cities—the Ramada by Wyndham Pasadena, offered at $16,000,000, 80 room hospitality hotel property. Ramada by Wyndham Hotels & Resorts, inclusive of both the hotel business and the underlying real estate. Strategically located along the high-traffic Colorado Boulevard corridor, this established hotel benefits from excellent visibility, consistent tourism demand, and proximity to major cultural, educational, and business destinations. The property consists of approximately 23,722 square feet across three stories on a 0.73-acre site, offering investors a stabilized lodging operation within a globally recognized hospitality brand. Property Highlights Flagged Franchise: Ramada by Wyndham, one of the world’s most recognized hotel brands Approx. 80 Guest Rooms (hospitality inventory) Three-story hospitality building Approx. 23,722 SF building on 0.73 acres Prime Colorado Blvd frontage – Pasadena’s iconic commercial corridor Ample on-site parking High visibility and accessibility near Interstate 210 The hotel offers a range of amenities designed for both business and leisure travelers, including: Outdoor swimming pool and spa tub Fitness center Free high-speed Wi-Fi throughout the property Complimentary parking Business center and meeting facilities 24-hour front desk and concierge services Guest rooms equipped with modern comforts including refrigerators, cable and new televisions, coffee makers, and workspace areas.

FOR SALE DETAILS

PRICE

$16,000,000 USD

PRICE/SF

$674 USD /SF

# OF ROOMS

75

PRICE/ROOM

$213,333 {currency}

CAP RATE

5.23%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ramada by Wyndham Pasadena

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1982

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,921 SF

ZONING

PSC*

APN/PARCEL ID

5747-009-053

ASK ABOUT THIS PROPERTY

Tony LamPinnacle Real Estate GroupMore Info
909-618-3765

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Tony LamPinnacle Real Estate GroupMore Info
909-618-3765

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.