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Park Lane Motel 8100 MacArthur Blvd 23 Room Hotel Oakland, CA 94605 $4,250,000 ($184,783/Room)
INVESTMENT HIGHLIGHTS
- Supportive / Transitional Housing / Development Opportunity
- Manager’s Suite On site - 2 Bedroom
- Structure – 6,983 SF Land – 20,104 SF (0.4591 ac)
- Parking 15 stalls on-site
EXECUTIVE SUMMARY
6,983 SF Hospitality Structure on 20,104 SF Parcel
22 Guest Rooms (Former Kitchenettes)
Building Condition
Recent management change, some visible wear, meets current building code,
recent refresh to multiple rooms, 3 kitchenette units, terminated gas service
to all rooms, room sizes of approximately 190 SF, 209 SF, and 399 SF, on-site
laundry and ample storage
22 Guest Rooms (Former Kitchenettes)
Building Condition
Recent management change, some visible wear, meets current building code,
recent refresh to multiple rooms, 3 kitchenette units, terminated gas service
to all rooms, room sizes of approximately 190 SF, 209 SF, and 399 SF, on-site
laundry and ample storage
PROPERTY FACTS
| Price | $4,250,000 | Building Size | 6,983 SF |
| Price Per Room | $184,783 | No. Rooms | 23 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1938/2020 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 2.58/1,000 SF |
| Lot Size | 0.46 AC | Corridor | Exterior |
| Zoning | RU-4 - Hospitality use | ||
| Price | $4,250,000 |
| Price Per Room | $184,783 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 6,983 SF |
| No. Rooms | 23 |
| No. Stories | 2 |
| Year Built/Renovated | 1938/2020 |
| Tenancy | Single |
| Parking Ratio | 2.58/1,000 SF |
| Corridor | Exterior |
| Zoning | RU-4 - Hospitality use |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 23 | $82.00 | - |
PROPERTY TAXES
| Parcel Number | 040A-3422-011-04 | Improvements Assessment | $1,300,000 |
| Land Assessment | $700,000 | Total Assessment | $2,000,000 |
PROPERTY TAXES
Parcel Number
040A-3422-011-04
Land Assessment
$700,000
Improvements Assessment
$1,300,000
Total Assessment
$2,000,000
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Park Lane Motel | 8100 MacArthur Blvd
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