728 16th St | Sacramento, CA 95814
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
728 16th St
Sacramento, CA 95814
For Sale | Hotel / Section 8 / Multifamily · Hospitality Property For Sale · 81,814 SF
Investment Highlights
- Re-Purpose the building to multifamily / create "micro-units" which have an estimated rental rate of 1400 a month.
- Re-brand the building to a new hotel brand - since hotel is closed, cost to terminate the brand will be significantly reduced by the close of escrow.
- Continue to operate as a Holiday Inn Express - there are significant reductions that can be made to the expenses to improve the NOI.
PROPERTY FACTS
| Property Type | Hospitality | Number of Floors | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1979/2020 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.18 AC | Parking Ratio | 1.35/1,000 SF |
| Construction Status | Converted | Corridor | Interior |
| Building Size | 81,814 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.18 AC |
| Construction Status | Converted |
| Building Size | 81,814 SF |
| Number of Floors | 4 |
| Year Built/Renovated | 1979/2020 |
| Tenancy | Single |
| Parking Ratio | 1.35/1,000 SF |
| Corridor | Interior |
Amenities
- Business Centre
- Fitness Centre
- High Speed Internet Access
- Public Access Wi-Fi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 002-0172-023 | Improvements Assessment | £19,986,399 |
| Land Assessment | £5,894,199 | Total Assessment | £25,880,597 |
PROPERTY TAXES
Parcel Number
002-0172-023
Land Assessment
£5,894,199
Improvements Assessment
£19,986,399
Total Assessment
£25,880,597
zoning
| Zoning Code | C-2 (Commercial) |
| C-2 (Commercial) |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
