958 E El Camino Real - Hospitality FOR SALE


Sunnyvale, CA 94087
$10,750,000 USD
415-963-3042
958 E El Camino Real, Sunnyvale, CA for Sale
$10,750,000 USD
Hospitality - FOR SALE
1/4
null | 6.31% Cap Rate

958 E El Camino Real
Sunnyvale, CA 94087


HIGHLIGHTS

  • High Barrier to Entry Market
  • Interior Corridor Asset- Immaculate Condition
  • 41 Units

OVERVIEW

Marcus & Millichap is pleasesd to offer a unique hotel investment opportunity in Sunnyvale, CA- Friendship Inn Sunnyvale. The Friendship Inn Sunnyvale. This fee simple boutique hotel features 41 keys in immaculate condition and a stunning interior corridor lobby designed to attract the traveler from Pacific Rim countries. Acquiring The Friendship Inn presents a truly unique chance to be a part of Silicon Valley’s prestigious hospitality landscape. Developed in 1991, The Friendship Inn is independently owned and operated and is available on the market for the first time. This prime investment opportunity allows for significant value enhancement through its established clientele, strategic location, superior amenities, and competitive pricing structure. The Friendship Inn is well-positioned for substantial growth and profitability.

FOR SALE DETAILS

PRICE

$10,750,000 USD

PRICE/SF

$566 USD /SF

# OF ROOMS

41

PRICE/ROOM

$262,195 {currency}

CAP RATE

6.31%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Friendship Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1991

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,874 SF

ZONING

C2

APN/PARCEL ID

313-02-034

ASK ABOUT THIS PROPERTY

Taylor FlynnMarcus & MillichapMore Info
415-963-3042

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Taylor FlynnMarcus & MillichapMore Info
415-963-3042

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