The Property has excellent access and visibility to the 101 Freeway. There are 128 units including electronic door locks, tub/shower combination, individual HVAC units, refrigerators, coffee makers, direct-dial phones with voicemail and color televisions. Rooms range from 250 - 300 SF (+/-).
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Overview:
Premier Inn
2434 West Hillcrest Drive
Newbury Park, CA
- 128 Units, Two Stories with Exterior Corridors on 2.47 Acres (+/-)
- Priced at 3.2X Room Revenue
- Easy to Franchise
- Excellent Highway 101 Visibility and Access
- Property is in Excellent Condition
- Leasehold Interest with 60+ Years Remaining
- Asking Price:$5,480,000