Great opportunity for investor. Famous name brand franchise hotel with 117 room. Property building square feet: 60,825 and huge lot size: 87,512 sq.ft. Gross income per year: 4,532,111. The building is recently being remodeled. Property location close to Ont
4674 Ontario Mills Pkwy, Ontario, CA 91764, USA
$20,500,000 USD
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Address4674 Ontario mills pkwy, Ontario
Property SubtypeHotel / Motel
Price$20,500,000
Price Changed7.23% (-$1,600,000, 226 days ago)
Property TypeCommercial Sale
Year Built2000
Bedrooms Total0
Living Area60,825 ft2
Listing IDWS19235854
StatusActive
Parcel Number0238041360000
Special ConditionsStandard
Days on Market390

Detailed Description: Great opportunity for investor. Famous name brand franchise hotel with 117 room. Property building square feet: 60,825 and huge lot size: 87,512 sq.ft. Gross income per year: 4,532,111. The building is recently being remodeled. Property location close to Ontario Mills Shopping Mall, Nordstrom Rack, Outlet, Ontario Convention Center and Ontario International Airport. Good location!

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Address Information
Address4674 Ontario mills pkwy, Ontario
CityOntario
Location (MLS Area)686 – Ontario
County Or ParishSan Bernardino
State or ProvinceCA
Postal Code91764
CountryUS
Financial Information
Price Changed-7.2398%
Previous Price$22,100,000
Price per Square Foot$337.03
Special ConditionsStandard
Total Expenses$3,110,712
Net Operating Income$1,421,398
Effective Gross$4,532,111
Tax Year2000
Full Descriptions
Parcel Number0238041360000
Detailed DescriptionGreat opportunity for investor. Famous name brand franchise hotel with 117 room. Property building square feet: 60,825 and huge lot size: 87,512 sq.ft. Gross income per year: 4,532,111. The building is recently being remodeled. Property location close to Ontario Mills Shopping Mall, Nordstrom Rack, Outlet, Ontario Convention Center and Ontario International Airport. Good location!
Water SourcePublic
Laundry FeaturesCommon Area
Property parameters
Year Built2000
Living Area (Sq.Ft.)60,825 ft2
Number of Buildings1
Stories Total4
Water SourcePublic
Property SubtypeHotel / Motel
Building StatusExisting
Cap Rate (For Cash Payment Only)6.43
Listed withLILY WANG (KO TAI REALTY)