2230 Lombard St - Hospitality FOR SALE


San Francisco, CA 94123- Marina
$6,525,000 USD
415-533-5008
2230 Lombard St, San Francisco, CA for Sale
$6,525,000 USD
Hospitality - FOR SALE
1/3
null | 7% Cap Rate

2230 Lombard St
San Francisco, CA 94123
Marina


OVERVIEW

The Motel 6 Lombard is a 29 unit fee simple hotel with a seperate manager's unit located on famed Lombard St in San Francisco, CA. This is the first time the property has been on the market in over 20 years. The Motel 6 Lombard has 29 tourist rooms and is located on Highway 101(Lombard St). Theproperty consists of 3 oors and over 15000 sq feet with a strong historical occupancy and ADR. Located on famous Lombard St, the The Motel 6 is ideally located on the border of three phenomenal neighborhoods in Cow Hollow, Pacific Heights and the Marina District. The property is walking distance to a variety of dining options as well as some of San Francisco’s most famedtourist attractions. Fisherman’s Wharf is San Francisco’s leading visitor attraction, hosting more than 18 million visitors. Encompassing one mile stretching from Acquatic Park to Pier 39, Fisherman’s Wharf occupies an ideal location on the northern waterfront of the San Francisco Peninsula. San Francisco generates a diversified base of lodging demand including convention and large group business from Moscone Center,leisure demand centered in Fisherman’s Wharf and Union Square in addition to well-established corporate base in the technology, biotech and nancial sectors. San Francisco is consistently ranked among the top performing hospitality markets in the nation due to its high barrier to entry providing for long term investment security.

FOR SALE DETAILS

PRICE

$6,525,000 USD

PRICE/SF

$535 USD /SF

# OF ROOMS

29

PRICE/ROOM

$225,000 {currency}

CAP RATE

7%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Motel 6 San Francisco, CA- Lombard Street

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1954

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

NC-3, San Francisco

APN/PARCEL ID

0490-003

ASK ABOUT THIS PROPERTY

Taylor FlynnMarcus & MillichapMore Info
415-533-5008

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Taylor FlynnMarcus & MillichapMore Info
415-533-5008

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