Beautiful. Remodeled, Historical, Landmark San Francisco Hotel For Sale.
$20 million dollar hotel - Seller will accept $12.5 million!
The property is centrally located a few blocks from the Union Square
area, the premier downtown shopping district; the Civic Center, which
is the location of City Hall and the ballet, symphony and opera
theaters; easy walking distance to the Fillmore Street corridor, which
contains numerous fine restaurants, retail shops and live jazz venues;
and from Japan Town, a popular tourist attraction with numerous
restaurants, retail shops and the Sundance Cinemas and Film Festival.
Centrally located, the Hotel Majestic is just a short cab ride from San
Francisco’s most popular and desirable locations.
• The 60-guestroom (58 keys are currently available as 2 rooms are
presently used for office and storage space), Edwardian-style, boutique
hotel was originally constructed in 1902. The building is situated upon
a 6,875 parcel rectangular-shaped parcel that is zoned RM4, High
Density Residential Mixed Use. The 5-story wood frame structure, with a
basement and a largely masonry foundation with concrete perimeter
footings and column pads, contains approximately 33,425 square feet.
- The guestrooms are presently available in three basic types: 9 suites
(530 to 580 square feet); 15 deluxe rooms (306 to 371 square feet); and
34 standard rooms (176 to 274 square feet). There are 2 of the deluxe
rooms that are ADA-compliant, which meets the present City
requirements.
- The hotel contains a licensed, full-service, 63-seat restaurant
and 13-seat lounge facility (with ADA-compliant entry and restrooms),
which are located on the ground floor of the building. This “5 Star”
restaurants is doing $1,000,000 plus, per year in revenue.
-
The hotel has 2 meeting room facilities.
-Hotel Just Went Through a Multi-million Dollar Remodel
-The present plan for the property is to convert it into a 26 (Lore
Institute) to 36-guestroom timeshare or fractional ownership interest
(private residence club) sales program.
For pricing and full details contact:
Donna Dearing
Investment Real Estate Specialist
ddearing2@q.com
480-280-4350
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Investment Platforms
$10 million to $1 billion
50% to over 100% ROI
For more information on investment platforms contact: Donna Dearing at 480-280-4350 or email ddearing2@q.com
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Newport Beach - CA - 21 Condo Trophy Portfolio - Steps from the beach!
21 upscale condos - new construction - all units leased
Newport is the most affluent city in America. There has never been a portfolio of this kind offered in the City of Newport Beach and due to new city codes, there can never be one like it again. Own a portfolio that is incredible, unique, profitable and that stands to potentially double in value as the market corrects itself.
BPO - $30,000,000 - - -
Discount Price - ???