Hotels for Sale

Residence Inn by Marriott Sacramento Airport Natomas (Under Contract)

Address:
Sacramento, California
Description:

UNDER CONTRACT

  • Privately owned and third party managed upscale Marriott extended stay hotel
  • 126-suite Residence Inn by Marriott: 94-studio and 32-two bedroom
  • Approximately 15 years remain on franchise term
  • Over $4.4 million ($35k+/key) in capital improvements in 2012
  • Franchise RevPar Index 120%, hotel’s TTM July RevPar Index 105.8%
  • 224-acre rail-yard redevelopment into massive mixed use project ~1.6 miles from hotel
  • Within one-mile from 70-acre Natomas Corporate Center

Listing Agents

Scott Griemsmann
T: 415.419.5765
Email
BRE #01336236

Subu Thiagarajan
T: 510.205.7931
Email
BRE #01891134

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