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Hotel-Motel

Hotel GiGi

547 Ninth Ave, San Diego, CA 92101

Listing Price: $8,000,000

Cap Rate
9.62%
Number of Rooms
20
RevPAR
$147
Gross SF
9,000
Price/Room
$400,000
Price/Gross SF
$888.89
Year Built
2023

Investment Overview

Marcus & Millichap is thrilled to present Hotel Gigi, an extraordinary investment opportunity in San Diego’s lively Gaslamp District. With its brand-new built two-story building featuring 20 rooms, this property seamlessly blends charm with modern amenities, ensuring an unforgettable guest experience. Additionally, the soon-to-be-completed brand-new restaurant adds another layer of appeal, providing the new owner with the chance to infuse their personal touch and culinary vision into this exciting venture. Don’t miss out on the chance to be part of this vibrant hospitality opportunity in one of San Diego’s most sought-after locations!
Hotel Gigi’s location in San Diego’s vibrant entertainment hub and its proximity to popular attractions make it an appealing investment. With the reopening in 2022, the hotel is poised to write a new chapter in its storied history, offering guests a blend of sophistication and warmth. The inclusion of an 1,800-square-foot restaurant adds to its allure, providing an additional avenue for revenue generation. For an investor looking to make their mark in the hospitality industry, this opportunity presents the perfect canvas to add their unique touches and contribute to the success of a brand-new establishment.

Investment Highlights

  • Brand New Built in 2022
  • Brand New Restaurant for a new operator or to lease
  • Upside with new owner-operator or management company
  • Walking distance to Petco Park, restaurants, and major attractions in Gaslamp
  • Near restaurants and major attractions in Gaslamp Quarter
  • Minutes to San Diego Zoo, Sea World, and Children's Museum
  • Minutes to San Diego International Airpot

Exclusively Listed By

Financing By

Hotel-Motel

Hotel GiGi

Listing Price: $8,000,000

Cap Rate
9.62%
Number of Rooms
20
RevPAR
$147
Gross SF
9,000
Price/Room
$400,000
Price/Gross SF
$888.89
Year Built
2023

Investment Highlights

  • Brand New Built in 2022
  • Brand New Restaurant for a new operator or to lease
  • Upside with new owner-operator or management company
  • Walking distance to Petco Park, restaurants, and major attractions in Gaslamp
  • Near restaurants and major attractions in Gaslamp Quarter
  • Minutes to San Diego Zoo, Sea World, and Children's Museum
  • Minutes to San Diego International Airpot

Investment Overview

Marcus & Millichap is thrilled to present Hotel Gigi, an extraordinary investment opportunity in San Diego’s lively Gaslamp District. With its brand-new built two-story building featuring 20 rooms, this property seamlessly blends charm with modern amenities, ensuring an unforgettable guest experience. Additionally, the soon-to-be-completed brand-new restaurant adds another layer of appeal, providing the new owner with the chance to infuse their personal touch and culinary vision into this exciting venture. Don’t miss out on the chance to be part of this vibrant hospitality opportunity in one of San Diego’s most sought-after locations! Hotel Gigi’s location in San Diego’s vibrant entertainment hub and its proximity to popular attractions make it an appealing investment. With the reopening in 2022, the hotel is poised to write a new chapter in its storied history, offering guests a blend of sophistication and warmth. The inclusion of an 1,800-square-foot restaurant adds to its allure, providing an additional avenue for revenue generation. For an investor looking to make their mark in the hospitality industry, this opportunity presents the perfect canvas to add their unique touches and contribute to the success of a brand-new establishment.

Exclusively Listed By

Financing By

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