Off-Market Deal

Investment Highlights

Sunnyvale, CA hotel opportunity. 137-room, fee-simple, non-union asset offered unencumbered by brand and management. 3-story interior corridor hotel located near major tech campuses including Apple and Nvidia, with strong corporate demand drivers. Property achieved approximately $3.2M NOI in 2019 and offers significant upside through rebranding. Potential affiliations include Marriott, Hilton, Hyatt, or IHG soft-brand concepts. Previously sold for $51.5M in 2017. Offered today at a substantial discount to both prior sale price and replacement cost. Asking $25M ($180K/key).