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Ramada by Wyndham Pasadena 2156 E Colorado Blvd 75 Room Hotel Pasadena, CA 91107 $16,000,000 ($213,333/Room) 5.23% Cap Rate
Executive Summary
Presenting a rare opportunity to acquire a flagged hospitality asset in one of Southern California’s most prestigious cities—the Ramada by Wyndham Pasadena, offered at $16,000,000, 80 room hospitality hotel property. Ramada by Wyndham Hotels & Resorts, inclusive of both the hotel business and the underlying real estate. Strategically located along the high-traffic Colorado Boulevard corridor, this established hotel benefits from excellent visibility, consistent tourism demand, and proximity to major cultural, educational, and business destinations.
The property consists of approximately 23,722 square feet across three stories on a 0.73-acre site, offering investors a stabilized lodging operation within a globally recognized hospitality brand.
Property Highlights
Flagged Franchise: Ramada by Wyndham, one of the world’s most recognized hotel brands
Approx. 80 Guest Rooms (hospitality inventory)
Three-story hospitality building
Approx. 23,722 SF building on 0.73 acres
Prime Colorado Blvd frontage – Pasadena’s iconic commercial corridor
Ample on-site parking
High visibility and accessibility near Interstate 210
The hotel offers a range of amenities designed for both business and leisure travelers, including:
Outdoor swimming pool and spa tub
Fitness center
Free high-speed Wi-Fi throughout the property
Complimentary parking
Business center and meeting facilities
24-hour front desk and concierge services
Guest rooms equipped with modern comforts including refrigerators, cable and new televisions, coffee makers, and workspace areas.
The property consists of approximately 23,722 square feet across three stories on a 0.73-acre site, offering investors a stabilized lodging operation within a globally recognized hospitality brand.
Property Highlights
Flagged Franchise: Ramada by Wyndham, one of the world’s most recognized hotel brands
Approx. 80 Guest Rooms (hospitality inventory)
Three-story hospitality building
Approx. 23,722 SF building on 0.73 acres
Prime Colorado Blvd frontage – Pasadena’s iconic commercial corridor
Ample on-site parking
High visibility and accessibility near Interstate 210
The hotel offers a range of amenities designed for both business and leisure travelers, including:
Outdoor swimming pool and spa tub
Fitness center
Free high-speed Wi-Fi throughout the property
Complimentary parking
Business center and meeting facilities
24-hour front desk and concierge services
Guest rooms equipped with modern comforts including refrigerators, cable and new televisions, coffee makers, and workspace areas.
Property Facts
| Price | $16,000,000 | Lot Size | 0.73 AC |
| Price Per Room | $213,333 | Building Size | 23,722 SF |
| Sale Type | Investment | No. Rooms | 75 |
| Cap Rate | 5.23% | No. Stories | 3 |
| Sale Condition | 1031 Exchange | Year Built/Renovated | 1982/2010 |
| Property Type | Hospitality | Parking Ratio | 2.61/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | B | ||
| Zoning | PSC* - Planned Specific Commercial / Planned Shopping Center | ||
| Price | $16,000,000 |
| Price Per Room | $213,333 |
| Sale Type | Investment |
| Cap Rate | 5.23% |
| Sale Condition | 1031 Exchange |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.73 AC |
| Building Size | 23,722 SF |
| No. Rooms | 75 |
| No. Stories | 3 |
| Year Built/Renovated | 1982/2010 |
| Parking Ratio | 2.61/1,000 SF |
| Corridor | Exterior |
| Zoning | PSC* - Planned Specific Commercial / Planned Shopping Center |
Amenities
- Balcony
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Hot Tub
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 34 | $207.00 | - |
| Guest Room | 41 | $121.00 | - |
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Walk Score®
Very Walkable (89)
Property Taxes
| Parcel Number | 5747-009-053 | Improvements Assessment | $5,514,176 |
| Land Assessment | $3,963,096 | Total Assessment | $9,477,272 |
Property Taxes
Parcel Number
5747-009-053
Land Assessment
$3,963,096
Improvements Assessment
$5,514,176
Total Assessment
$9,477,272
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Ramada by Wyndham Pasadena | 2156 E Colorado Blvd
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