920 University Ave | Berkeley, CA 94710
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- LoopNet Team
920 University Ave
Berkeley, CA 94710
University Inn and Suites · Hospitality Property For Sale
·
61,896 SF
INVESTMENT HIGHLIGHTS
- 113 room, 3 story, interior corridor hotel on approximately 1.54 acres
- 0.6 miles to Berkeley Marina, 1.8 miles to the University of California, Berkeley, 13 miles to San Francisco, and 15 miles to Oakland Int. Airport
- Strong potential for housing or student housing conversion
- Closed full-service restaurant with banquet space and excess parking
- High-barrier-to-entry market located within an Opportunity Zone
- Up to $8 million in combined brand & capital incentives
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1967/2004 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.54 AC | Parking Ratio | 0.88/1,000 SF |
| Building Size | 61,896 SF | Corridor | Interior |
| Zoning | HOTEL - Hotel | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.54 AC |
| Building Size | 61,896 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1967/2004 |
| Tenancy | Single |
| Parking Ratio | 0.88/1,000 SF |
| Corridor | Interior |
| Zoning | HOTEL - Hotel |
AMENITIES
- Balcony
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 056-1967-016-01 | Improvements Assessment | $4,123,523 |
| Land Assessment | $2,960,795 | Total Assessment | $7,181,414 |
PROPERTY TAXES
Parcel Number
056-1967-016-01
Land Assessment
$2,960,795
Improvements Assessment
$4,123,523
Total Assessment
$7,181,414
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