46200 Landing Pkwy, Fremont, CA 94538, USA

The hotel is significantly underperforming its competitive set.

$Unpriced

Qty:

Description

INVESTMENT HIGHLIGHTS

Corporate-owned, 148-room, five-story, La Quinta Inn & Suites that is located off Interstate 880 in the southeast San Francisco Bay Area.
The hotel is significantly underperforming its competitive set.
Central location with convenient access to an array of key hotel demand generators in the area.

Significant upside for a more hands-on operator to drive significant value through improvements in operational efficiencies & rate management.
Per Section O of the Wyndham Franchise Agreement, there is a favorable PIP cap in place that is transferable to the Buyer.

EXECUTIVE SUMMARY

CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the corporate-owned La Quinta Inn & Suites in Fremont, California. Located off Interstate 880 and close to Tesla Fremont Gigafactory, HPE, Seagate, Western Digital, Amazon Warehouse, and
the Pacific Commons Shopping Center, the 148-room hotel receives business from a diverse population of both corporate and leisure segments.

AMENITIES

Business Center
Fitness Center

Pool
High Speed Internet Access

Meeting Event Space
Public Access Wifi

Smoke-Free

ROOM MIX INFORMATION

DESCRIPTION	NO. ROOMS	DAILY RATE	SF
Suite	4	$187.00	-
Guest Room	144	$152.00

PROPERTY TAXES

Parcel Number	519-0850-088-05	Improvements Assessment	$11,794,090
Land Assessment	$4,149,375	Total Assessment	$16,236,834

Michael Yu

+1 713-577-1629

Mobile +1 281-787-8874

Henry E. Bose, Jr.

+1 415-772-0261

Specification

General

Building Size : 76847
Lot Size : 2.5400
Sale Type : Investment
Year of Built : 1999
Year of Remodeled : 2011
Number Of Rooms : 148

Hospitality

Parking Spaces :
Hotel Laundry Equipments :
Guest Laundry Equipments :
Swimming Pool :

La Quinta Inn & Suites Fremont/Silicon Valley

Listing ID : 00192

SKU: 192

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