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Hotel-Motel

SpringHill Suites Oakland Airport

195 Hegenberger Rd, Oakland, CA 94621

Listing Price: Request For Offer

Number of Rooms
134
RevPAR
$133
Gross SF
95,927
Year Built
2019

Investment Overview

Marcus & Millichap has been chosen to exclusively market for the sale the SpringHill Suites Oakland Airport. This property is a newer built (2019) Upscale hotel and is a 5-story, interior corridor hotel with 134 rooms, located half a mile from the Oakland International Airport, which services over 11.2 million passengers a year.

The full service, all-suite Bay Area Hotel packs plenty of amenities into an exceptional stay, including a complimentary hot breakfast buffet, WiFi and shuttle to/from Oakland International Airport (OAK). Their spacious suites feature a dry-bar, mini-fridge, microwave, walk-in closet, spa-like bathroom, separate areas to sleep, work and relax. SpringHill Suites Oakland Airport was named Marriott's Hotel of the Year for 2021. The hotel offers easy access to Abbott, Alameda Health System, Ask.com, AT&T Warner Media, Clorox, Deloitte, FedEx, Frito-Lay, Kaiser Permanente, Lockheed Martin, Pandora, and Parsons.

Investment Highlights

  • Newer built Marriott Branded Hotel – Opened in September 2019
  • Located off Hegenberger Rd (0.5 Miles) from the Oakland Airport, Servicing over 11.2 million passengers in 2023
  • Profitable food & beverage department
  • < 250 New rooms currently under development within a 5 Mile radius
  • The SpringHill Suites is supported by both major forms of traveler, Leisure & Business, allowing for stable demand year round
  • All 134 rooms are suites, providing spacious rooms and small kitchen appliances (Pantry Area, Mini Fridge, Microwave, Silverware, Dishes and Glasses) to accommodate long term stays
  • Operational upside in Rooms Expense along with Admin & General; new ownerships ability to capitalize on strong topline revenue and trim expenses

Exclusively Listed By

Broker of Record

  • Tony Solomon

    Senior Vice President/District Manager

    (310) 909-5450

    License(s) CA: 01238010

    California

Financing By

Hotel-Motel

SpringHill Suites Oakland Airport

Listing Price: Request For Offer

Number of Rooms
134
RevPAR
$133
Gross SF
95,927
Year Built
2019

Investment Highlights

  • Newer built Marriott Branded Hotel – Opened in September 2019
  • Located off Hegenberger Rd (0.5 Miles) from the Oakland Airport, Servicing over 11.2 million passengers in 2023
  • Profitable food & beverage department
  • < 250 New rooms currently under development within a 5 Mile radius
  • The SpringHill Suites is supported by both major forms of traveler, Leisure & Business, allowing for stable demand year round
  • All 134 rooms are suites, providing spacious rooms and small kitchen appliances (Pantry Area, Mini Fridge, Microwave, Silverware, Dishes and Glasses) to accommodate long term stays
  • Operational upside in Rooms Expense along with Admin & General; new ownerships ability to capitalize on strong topline revenue and trim expenses

Investment Overview

Marcus & Millichap has been chosen to exclusively market for the sale the SpringHill Suites Oakland Airport. This property is a newer built (2019) Upscale hotel and is a 5-story, interior corridor hotel with 134 rooms, located half a mile from the Oakland International Airport, which services over 11.2 million passengers a year. The full service, all-suite Bay Area Hotel packs plenty of amenities into an exceptional stay, including a complimentary hot breakfast buffet, WiFi and shuttle to/from Oakland International Airport (OAK). Their spacious suites feature a dry-bar, mini-fridge, microwave, walk-in closet, spa-like bathroom, separate areas to sleep, work and relax. SpringHill Suites Oakland Airport was named Marriott's Hotel of the Year for 2021. The hotel offers easy access to Abbott, Alameda Health System, Ask.com, AT&T Warner Media, Clorox, Deloitte, FedEx, Frito-Lay, Kaiser Permanente, Lockheed Martin, Pandora, and Parsons.

Exclusively Listed By

Broker of Record

  • Tony Solomon

    Senior Vice President/District Manager

    (310) 909-5450

    License(s): CA: 01238010

    California

Financing By

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