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Hotel-Motel

Hilton Garden Inn Lompoc

1201 N H St, Lompoc, CA 93436

Listing Price: $49,000,000

Cap Rate
6.70%
Number of Rooms
156
RevPAR
$103
Gross SF
121,096
Price/Room
$314,103
Price/Gross SF
$404.64
Year Built
2017

Investment Overview

Marcus & Millichap is proud to present the Hilton Garden Inn Lompoc, a four-story Hilton-branded hotel ideally located along State Highway 1/Pacific Coast Highway in Lompoc, California. The property is a short drive to Vandenberg Air Force Base, one of the largest employers in the area and one of the most important military installations in the nation. The Hilton Garden Inn Lompoc was built in 2017 and consists of 156 spacious, well-appointed guest rooms. The hotel offers several amenities including Valle Eatery & Bar, an outdoor pool & spa, fitness center, guest laundry facilities, energy-efficient solar roofing panels, and EV/Tesla car charging stations. Business amenities include a business center and 4,662 square feet of meeting space. The Hilton Garden Inn Lompoc represents the opportunity to acquire an upscale hotel in a desirable market near several demand drivers. Our Pro Forma analysis assumes market recovery to pre-pandemic levels by year two, then continued modest growth supported by the increasing population and demand growth in the Central Coast region.

Investment Highlights

  • Upscale Hilton-Branded Hotel Built in 2017 | Oversized Guest Rooms, Onsite Bar/Dining, Meeting Space and More
  • Recipient of Several Awards from Hilton, TripAdvisor and the City of Lompoc, as well as a Certification of Appreciation from The White House
  • Short Drive to Vandenberg SFB, One of the Most Important Military Installations in U.S. | Third-Largest Installation in the Air Force | 20k+ Employees
  • Property Sits within a Region Undergoing Tremendous Economic Growth through the Expanding Aerospace Industry
  • Excellent Location Along California's Central Coast, Off of State Highway 1/Pacific Coast Highway
  • Minutes to Old Town Lompoc, Lompoc Flower Fields and La Purisima Mission & State Historic Park
  • Within 2 Miles of Lompoc Valley Medical Center and Allan Hancock College
  • 2 Miles to Strauss Wind Energy Project | Expected to Generate Enough Clean, Renewable Energy to Power Nearly 44,000 Homes

Exclusively Listed By

Financing By

Hotel-Motel

Hilton Garden Inn Lompoc

Listing Price: $49,000,000

Cap Rate
6.70%
Number of Rooms
156
RevPAR
$103
Gross SF
121,096
Price/Room
$314,103
Price/Gross SF
$404.64
Year Built
2017

Investment Highlights

  • Upscale Hilton-Branded Hotel Built in 2017 | Oversized Guest Rooms, Onsite Bar/Dining, Meeting Space and More
  • Recipient of Several Awards from Hilton, TripAdvisor and the City of Lompoc, as well as a Certification of Appreciation from The White House
  • Short Drive to Vandenberg SFB, One of the Most Important Military Installations in U.S. | Third-Largest Installation in the Air Force | 20k+ Employees
  • Property Sits within a Region Undergoing Tremendous Economic Growth through the Expanding Aerospace Industry
  • Excellent Location Along California's Central Coast, Off of State Highway 1/Pacific Coast Highway
  • Minutes to Old Town Lompoc, Lompoc Flower Fields and La Purisima Mission & State Historic Park
  • Within 2 Miles of Lompoc Valley Medical Center and Allan Hancock College
  • 2 Miles to Strauss Wind Energy Project | Expected to Generate Enough Clean, Renewable Energy to Power Nearly 44,000 Homes

Investment Overview

Marcus & Millichap is proud to present the Hilton Garden Inn Lompoc, a four-story Hilton-branded hotel ideally located along State Highway 1/Pacific Coast Highway in Lompoc, California. The property is a short drive to Vandenberg Air Force Base, one of the largest employers in the area and one of the most important military installations in the nation. The Hilton Garden Inn Lompoc was built in 2017 and consists of 156 spacious, well-appointed guest rooms. The hotel offers several amenities including Valle Eatery & Bar, an outdoor pool & spa, fitness center, guest laundry facilities, energy-efficient solar roofing panels, and EV/Tesla car charging stations. Business amenities include a business center and 4,662 square feet of meeting space. The Hilton Garden Inn Lompoc represents the opportunity to acquire an upscale hotel in a desirable market near several demand drivers. Our Pro Forma analysis assumes market recovery to pre-pandemic levels by year two, then continued modest growth supported by the increasing population and demand growth in the Central Coast region.

Exclusively Listed By

Financing By

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