Beverly Hills – SIXTY Hotel for sale – OFF market

Project Description

SIXTY Hotel BACK for sale OFF market.

Price Info

FIRM Price $110M+2% buyers fees

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Property Info

SIXTY Hotel BACK for sale OFF market.

9360 Wilshire Blvd, Beverly Hills, CA 90212

Opened: 2008

Rooms: 118

Floors: 8

Current occupancy data is not available. It is expected that construction affected it these past months. The pro forma calls for a 7 % cap upon completion .

BEFORE REMODELING: NOI is $4M and occupancy is 88%.

Set price with a fully remodeled with 11 new VIP suites at Mezzanine floor.

New roof top bar and pool just redone.

Financial details with POF, LOI and Fee agreement.

CONTACT SOCALINVESTMENT

Contact us to schedule a confidential discussion today about how we can take your business to new heights? Or drop us a line using form below and we will be back to you as soon as we can.

Address:

700 S. Flower Street, Suite 2900
Los Angeles, CA  90017

Phone:

+1(424)-330-8778

Email:

info@socalinvestment.com