Best Western Luxury Inn in Tracy, Ca for sale
0 Comments Published by Brian W. Barringer on Friday, May 05, 2006 at 1:20 PM.
811 W. Clover Road
The Best Western on Clover is up for sale listed with Americor, Inc. at $4,050,000(thats about 69K per room, Rooms:59. This hotel has excellent visibility from the freeway. According to the notes on Loop.net, price has been reduced $450,000 and sellers are requesting a 60-day close. This would great opportunity for a owner/operator to step in and take over this already well running hotel.
Financial summary for 2005:
Effective Gross Income: $803,733
Total Expenses: $547,756
Net Operating Income: $255,977
Room Rates range from $75-130.
There are 3 newer hotels off of 205 that came into play in the last few years. I wonder if this is going to impact business? Any thoughts? Anyone ever stay there?
Interested in learning more?
email me I will send you a link.
Brian Barringer
209.613.8945
Technorati Tags:
Tracy ca, Hotel for sale, business, brian barringer, Best Western, tracy real estate, for sale
The Best Western on Clover is up for sale listed with Americor, Inc. at $4,050,000(thats about 69K per room, Rooms:59. This hotel has excellent visibility from the freeway. According to the notes on Loop.net, price has been reduced $450,000 and sellers are requesting a 60-day close. This would great opportunity for a owner/operator to step in and take over this already well running hotel.
Financial summary for 2005:
Effective Gross Income: $803,733
Total Expenses: $547,756
Net Operating Income: $255,977
Room Rates range from $75-130.
There are 3 newer hotels off of 205 that came into play in the last few years. I wonder if this is going to impact business? Any thoughts? Anyone ever stay there?
Interested in learning more?
email me I will send you a link.
Brian Barringer
209.613.8945
Technorati Tags:
Tracy ca, Hotel for sale, business, brian barringer, Best Western, tracy real estate, for sale
Made by Brian W. Barringer in 2006 for
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