15401 Park Ave E - Hospitality FOR SALE


Victorville, CA 92392
$5,000,000 USD
818-636-2765
15401 Park Ave E, Victorville, CA for Sale
$5,000,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

15401 Park Ave E
Victorville, CA 92392


HIGHLIGHTS

  • Next to Kaiser
  • Nearest the On & Off-Ramp of I-15
  • Near City Hall

OVERVIEW

The Ownership has engaged Re/Max Commercial as the exclusive agent for selling a Fee Simple interest in the Park Avenue Inn, Victorville, California. The Park Avenue Inn is next to Kaiser Permanente Hospital and within walking distance of City Hall, Court House, and other Government offices. A myriad of several significant major restaurants surrounds the Park Avenue Inn. There are numerous businesses located in or around Victorville. Surrounding businesses include the Global Access Logistics Center at the (Adelanto) Southern California Logistics Airport, only 10 miles from the property. The Boeing Company, General Atomics, and many others call SCLA home. World-class tenants located at SCLA include but are not limited to Keurig, Dr. Pepper, Newell Brands, Plastipak Packaging, Red Bull, and many others. The Wal-Mart Distribution Center, Goodyear Tire Distribution Center, and ConAgro Food, Inc. are minutes from the hotel. The Park Avenue Inn is minutes from the Scandia Family Fun Center and the Maal of Victorville. The California Route 66 Museum, Victorville Speedway, San Bernardino County Fairground, and El Mirage Dry Lake Bed (popular for movie shoots) are minutes away. The LA/Ontario International Airport is less than 40 miles away. Mountain High Resorts is 20 miles away, and the nearby Big Bear Mountain Resorts offers skiing, boating, hiking, and a Water Park. The Park Avenue Inn is located on the on and off-ramp of Palmdale Boulevard Exit of Interstate 15 Freeway (I-15), which extends from San Diego, California, to Sweetgrass, Montana, where it reaches the Canada–US border. The route also passes through Nevada, Arizona, Utah, and Idaho. The Park Avenue Inn is a great resting place on the way to Las Vegas and beyond travelers.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$245 USD /SF

# OF ROOMS

68

PRICE/ROOM

$73,529 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park Avenue Inn Victorville

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1983

PARKING SPACES

72

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,144 SF

ZONING

C2

APN/PARCEL ID

0396-111-29

ASK ABOUT THIS PROPERTY

Asok AgarwalRe/Max CommercialMore Info
818-636-2765

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Asok AgarwalRe/Max CommercialMore Info
818-636-2765

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