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Park Lane Motel 8100 MacArthur Blvd 23 Room Hotel Oakland, CA 94605 $5,640,000 CAD ($245,217 CAD/Room)
Investment Highlights
- Supportive / Transitional Housing / Development Opportunity
- Manager’s Suite On site - 2 Bedroom
- Structure – 6,983 SF Land – 20,104 SF (0.4591 ac)
- Parking 15 stalls on-site
Executive Summary
6,983 SF Hospitality Structure on 20,104 SF Parcel
22 Guest Rooms (Former Kitchenettes)
Building Condition
Recent management change, some visible wear, meets current building code,
recent refresh to multiple rooms, 3 kitchenette units, terminated gas service
to all rooms, room sizes of approximately 190 SF, 209 SF, and 399 SF, on-site
laundry and ample storage
22 Guest Rooms (Former Kitchenettes)
Building Condition
Recent management change, some visible wear, meets current building code,
recent refresh to multiple rooms, 3 kitchenette units, terminated gas service
to all rooms, room sizes of approximately 190 SF, 209 SF, and 399 SF, on-site
laundry and ample storage
Property Facts
| Price | $5,640,000 CAD | Building Size | 6,984 SF |
| Price Per Room | $245,217 CAD | No. Rooms | 23 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1938/2020 |
| Property Subtype | Hotel | Parking Ratio | 2.58/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.46 AC | ||
| Zoning | RU-4 - Hospitality use | ||
| Price | $5,640,000 CAD |
| Price Per Room | $245,217 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 6,984 SF |
| No. Rooms | 23 |
| No. Stories | 2 |
| Year Built/Renovated | 1938/2020 |
| Parking Ratio | 2.58/1,000 SF |
| Corridor | Exterior |
| Zoning | RU-4 - Hospitality use |
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 23 | $115.62 CAD | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 040A-3422-011-04 | Improvements Assessment | $1,831,037 CAD |
| Land Assessment | $985,943 CAD | Total Assessment | $2,816,980 CAD |
Property Taxes
Parcel Number
040A-3422-011-04
Land Assessment
$985,943 CAD
Improvements Assessment
$1,831,037 CAD
Total Assessment
$2,816,980 CAD
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Park Lane Motel | 8100 MacArthur Blvd
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