Scope of Work:
Successful Hotel Sale – Hampton Inn & Suites, Roseville, CA
Description of Project:
Joel Hiser and Yathish Nathraj, Hotel Brokers & Loan Specialists in the San Francisco and Los Angeles offices of HTL Hospitality Advisors, are pleased to announce the recent sale of the 85 room, 4-story, Hampton Inn & Suites located in Roseville, California a suburb of Sacramento. This upper, midscale, focus service, Hotel is located at the intersection of I-80 and Douglas Blvd. HTL represented both the buyer and the seller in the transaction. The buyer of the Hotel plans to assume management and complete a minor renovation as required by the franchise company. The Property traded at a 4.1 times room revenue multiple.