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Ramada by Wyndham Pasadena 2156 E Colorado Blvd 75 Room Hotel Pasadena, CA 91107 $16,000,000 ($213,333/Room) 4% Cap Rate
Executive Summary
75 room hospitality hotel property. Ramada by Wyndham Hotels & Resorts with 41 guest room and 34 suites.
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 | 4% | 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 | 4% |
| 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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