Motel 6 San Francisco, CA- Lombard Street 2230 Lombard St 29 Room Hotel San Francisco, CA 94123 $8,993,603 CAD ($310,124 CAD/Room) 7% Cap Rate

The Motel 6 Lombard is a 29 unit fee simple hotel with a seperate manager's unit located on famed Lombard St in San Francisco, CA. This is the
first time the property has been on the market in over 20 years. The Motel 6 Lombard has 29 tourist rooms and is located on Highway 101(Lombard St). Theproperty consists of 3 oors and over 15000 sq feet with a strong historical occupancy and ADR. Located on famous Lombard St, the The Motel 6 is ideally located on the border of three phenomenal neighborhoods in Cow Hollow, Pacific Heights and the Marina District. The property is walking distance to a variety of dining options as well as some of San Francisco’s most famedtourist attractions. Fisherman’s Wharf is San Francisco’s leading visitor attraction, hosting more than 18 million visitors. Encompassing one mile stretching from Acquatic Park to Pier 39, Fisherman’s Wharf occupies an ideal location on the northern waterfront of the San Francisco Peninsula. San Francisco generates a diversified base of lodging demand including convention and large group business from Moscone Center,leisure demand centered in Fisherman’s Wharf and Union Square in addition to well-established corporate base in the technology, biotech and nancial sectors. San Francisco is consistently ranked among the top performing hospitality markets in the nation due to its high barrier to entry providing for long term
investment security.