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Location |
Belmont, CA |
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Units/SF |
82 Rooms |
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Year Built |
1998 |
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Status |
Available |
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Asking Price |
$10,000,000 |
> Download Brochure |
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Offer Date |
N/A |
> Download Confidentiality Agreement |
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Highlights |
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- Class “A” Peninsula Location
- Proximity to San Francisco, San Jose, and Peninsula business centers
- 14.7% projected RevPAR growth for the San Francisco limited service hotel market*
- 75% average occupancy (Q2 2007)
- $112 average ADR (January-June 2007)
- Belmont 2007 median household income: $104,313*
- Belmont average home value exceeds $1,000,000**
*Source: PKF Hospitality Research & Torto Wheaton Research: Hotel Outlook Spring 2007
**Source: Environmental Systems Research Institute (ESRI) |
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Contacts |
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David Silver l Vice President l 415.273.2198
Nathan Blair l Senior Associate l 415.273.2155 |
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