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Hotel-Motel

Granada Inn - Silicon Valley

2515 El Camino Real, Santa Clara, CA 95051

Listing Price: $14,500,000

Cap Rate
9.71%
Number of Rooms
68
RevPAR
$126
Gross SF
25,208
Price/Room
$213,235
RRM
5.65
Price/Gross SF
$575.21
Year Built
1974

Investment Overview

The Granada Inn - Silicon Valley is a 68 unit fee simple hotel located on El Camino Real in Santa Clara, CA. This is the first time the property has been on the market since the property was purchased in 1989 and originally built in 1974. The hotel consists of two 2-story buildings on two separate parcels totaling 55,680 SF. A 62 car parking lot sits on the property. This hotel offers an investor a unique opportunity in the top hospitality market in the country with strong historical occupancy and ADR. Santa Clara generates a diversified base of lodging demand including leisure demand and convention and large group business from the well-established corporate base in the technology, biotech, and financial sectors. This laid-back budget hotel is on El Camino Real 5 miles from San Jose International Airport and 4.3 miles from California's Great America theme park. Santa Clara is consistently ranked among the top-performing hospitality markets in the nation due to its high barrier to entry providing for long-term investment security.

Investment Highlights

  • Ten minutes away from Apple, eBay, NVIDIA, Intel, Applied Materials, AMD, and Santa Clara University. 25 minutes away from Google, Facebook, and Stanford University.
  • Demand drivers include Levi's Stadium, home of the San Francisco 49ers; Six Flags Great America Theme Park, Santa Clara Convention Center, Santana Row, and the De Saisset Museum.
  • Convenient access to three airports (SJC, SFO, Moffett Field) and all major transportation hubs in Silicon Valley.
  • Provide excellent opportunities for family-friendly outdoor fun, unique art exhibits, and options for high-end shopping, dining, and entertainment.
  • 32,231 Cars Per Day

Exclusively Listed By

Financing By

Hotel-Motel

Granada Inn - Silicon Valley

Listing Price: $14,500,000

Cap Rate
9.71%
Number of Rooms
68
RevPAR
$126
Gross SF
25,208
Price/Room
$213,235
RRM
5.65
Price/Gross SF
$575.21
Year Built
1974

Investment Highlights

  • Ten minutes away from Apple, eBay, NVIDIA, Intel, Applied Materials, AMD, and Santa Clara University. 25 minutes away from Google, Facebook, and Stanford University.
  • Demand drivers include Levi's Stadium, home of the San Francisco 49ers; Six Flags Great America Theme Park, Santa Clara Convention Center, Santana Row, and the De Saisset Museum.
  • Convenient access to three airports (SJC, SFO, Moffett Field) and all major transportation hubs in Silicon Valley.
  • Provide excellent opportunities for family-friendly outdoor fun, unique art exhibits, and options for high-end shopping, dining, and entertainment.
  • 32,231 Cars Per Day

Investment Overview

The Granada Inn - Silicon Valley is a 68 unit fee simple hotel located on El Camino Real in Santa Clara, CA. This is the first time the property has been on the market since the property was purchased in 1989 and originally built in 1974. The hotel consists of two 2-story buildings on two separate parcels totaling 55,680 SF. A 62 car parking lot sits on the property. This hotel offers an investor a unique opportunity in the top hospitality market in the country with strong historical occupancy and ADR. Santa Clara generates a diversified base of lodging demand including leisure demand and convention and large group business from the well-established corporate base in the technology, biotech, and financial sectors. This laid-back budget hotel is on El Camino Real 5 miles from San Jose International Airport and 4.3 miles from California's Great America theme park. Santa Clara is consistently ranked among the top-performing hospitality markets in the nation due to its high barrier to entry providing for long-term investment security.

Exclusively Listed By

Financing By

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