1906 W. 3rd Street
Los Angeles, CA 90057 ·
137 Rooms · Hotel & Motel For Sale
Nutel Hotel & Residence
|Price||N/A||Property Use Type||Investment|
|No. Rooms||137||Cap Rate||9%|
|Building Size||53,640 SF||Lot Size||42,732 SF|
|Property Type||Hotel & Motel||APN / Parcel ID||5154-027-29|
|Listing ID: 17563047||Date Created: 03/07/2012||Last Updated: 06/14/2012|
RARE OPPORTUNITY - First Hotels Inc. is pleased to offer for sale to qualified principles, the fee-simple interest in the "Nutel Hotel Residence", a 137 units Residence hotel, all studio rooms with Kitchenettes'. On site Thai Restaurant rents out for $1800.00 monthly. Underground parking and security.
THE PROPERTY IS CURRENTLY UNDER CONTRACT WHICH IS SUBJECT TO OVERBID AND BANKRUPTCY APPROVAL COURT HEARING. WAITING OVERBID HEARING DATE. INTERESTED BIDDERS,PLEASE CONTACT THE LISTING BROKER OF RECORD.
The Nutel Hotel & Residence is located in the Westlake area, strategically located close to the Hollywood 101 Freeway and the 110 Harbor Freeway. Close to Staples Center, Downtown L.A., Dodgers Staduim, Echo Lake and USC.
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