711 S Brookhurst Street

  • Anaheim

  • $12,750,000
  • Acres
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Commercial Sale Details

Description & Essential
Description
The Brookhurst Plaza Inn is a 91-guest room hotel located in Anaheim, CA in a busy tourist destination with Disneyland and the Anaheim Convention Center close by. The hotel has had strong financial results over the past several years with year-over-year revenue growth and is experiencing another strong year in 2018 with an expected 25% increase in revenues. The hotel sits on an expansive, flat lot totaling 1.73 acres. The close proximity to Disneyland as well as other destination sights near the hotel has helped bring continual business from Chinese and other international tourists. There is also opportunity to increase sales with more marketing and outreach efforts. The hotel gains added revenue from an event space adjacent to the hotel which can alternatively be utilized as a restaurant. This space has consistently contributed to a strong and steady cash flow for the owners of the hotel. Plans exist to add additional hotel rooms and suites above the event space. The property also includes an elevator, swimming pool and spa, coin laundry, indoor and outdoor corridors, and 124 parking spaces.
Essential
MLS #PV18178930
Price Per SqFt$294.91
Sub-TypeHotel/Motel
CountyOrange
StateCA
Area79 - Anaheim West of Harbor
StatusActive Under Contract
Sale TypeStandard
Number Of Buildings2
Building StatusExisting
Land UseOther
Listing BrokerageMonica Masuda, Realtor
Listing AgentPatricia Yun
Listing Agent BRE #02035099
Co-Listing AgentMonica Masuda
Co-Listing Agent BRE #01430892

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Based on information from California Regional Multiple Listing Service, Inc. as of Friday, October 5, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.