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Profitable Hotel Business in California for sale

35000000 USD
California
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Property Description

Commercial property for sale in California

Profitable Hotel Business in California.

Gross Revenue $5M,

NOI $2.2M,

Incredible CAP 7%,

ADR of $145,

97% Occupancy Rate.

86 Keys, or $370K Per Key 7%

Asking price: $35M

Country: United States
Property Id: 20047
Price: 35000000 USD
Rooms: 86
Pool
Bar / Lounge
Wifi
Spa

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