This Hotel & Motel property is Off-Market. Search below to find active commercial real estate for sale or lease.
Browse More Listings in Hotel & Motel For Sale, Sacramento, CA or California
Plaza Hotel " Lender Owned" Major Reduction!!
1900 Canterbury Road, Sacramento, CA 95815
151 Rooms | Hotel & Motel
Hotel / Motel - Off Market
- No. Rooms:
- Building Size:
- 67,000 SF
- Property Type:
- Hotel & Motel
- Property Sub-type:
- Full Service
- Additional Sub-types:
- Assisted Living
- Congregate Senior Housing
- Property Use Type:
- Cap Rate:
- Average Daily Rate:
- Lot Size:
- 158,123 SF
- Listing ID
- Last Updated
- over 1 year ago
Just Fell out of Escrow and Seller wants Year End Close! Major Price Reduction for quick sale!! I will discuss any offers with Lender. The Plaza Hotel is a LENDER OWNED hotel. The site is comprised of four buildings, including a freestanding restaurant building with conference/meeting space. The three two-story hotel buildings contain 151 guestrooms and covered connecting walkways. The main building includes the lobby and a manager' s unit.
Additional amenities at the exterior-corridor property include pool and spa and guest laundry.
The stated income numbers are based on the proforma created based on the area Smith Travel Research report. The property offers significant upside to a good operator. There are numerous franchise opportunities available.
Along with the potential to realize upside through independent hotel operations or franchise. The property would lend itself well to an alternative use, possibly in the senior housing or assisted living field.
The lender-owned Plaza Hotel is just off Highway 160, four miles from downtown Sacramento. Sacramento, the capital of California, has a population of over 486,000. Major employers include the State of California, UC Davis Health System, Kaiser Permanente, Sutter Health and Intel.
The Plaza Hotel is close to countless attractions, including Sutter' s Fort, Sacramento Convention Center Complex, California State University-Sacramento, ARCO Arena and numerous others.
Map of 1900 Canterbury Road, Sacramento, CA 95815 (Sacramento County)
Research for 1900 Canterbury Road, Sacramento, CA 95815 (Sacramento County)
- Demographics – Population, income & other demographics near 1900 Canterbury Road
- Research Price – Recent sales of similar properties
- Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P