Hotel - Hotel rosemead boulevard california

Published on August 4, 2022
Modified on August 4, 2022
Published by jazz
#987
19500000.00 $US

Description of item

Hotel + Xiangi Cuisine Restaurant
$19,500,000

Rosemead Blvd | Rosemead, CA 91770

Hotel and Xiangji Cuisine Restaurant
Hotel and Xiangji Restaurant located in Rosemead, California. This exterior corridor hotel has 100 large guestrooms, a meeting room, and a beautiful outdoor pool. Built in 1974 and continuously remodeled, it is located on approximately 1.58 acres. It is “walking distance” to shopping and restaurants. Included is a free standing restaurant called the Xiangji Cuisine which is currently leased to an experienced third party operator for $13,000 per month. The seller prefers to sell the hotel and restaurant together but will consider offers for the two properties separately.

Rosemead is just 11 miles north and east of downtown Los Angeles. Located in West San Gabriel Valley and is a part of a cluster of cities including Arcadia, Monterey Park, San Marino, and San Gabriel. Rosemead in a very desirable community with a high quality of life and a prosperous business sector.
Investment Highlights
Adjacent leased Xiangji Cuisine restaurant included
100 guestrooms with exterior corridors on approximately 1.6 acres
11 miles north and east of downtown Los Angeles
Just north of the I-10 Freeway on Rosemead Blvd
Immaculate condition

Location

Country
United States
Region
California
City
Rosemead
Address
Rosemead Boulevard