Park Avenue Inn Victorville | 15401 Park Ave E
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Park Avenue Inn Victorville 15401 Park Ave E
68 Room Hotel Victorville, CA 92392 $5,000,000 ($73,529/Room)
Investment Highlights
- Next to Kaiser
- Near City Hall
- Nearest the On & Off-Ramp of I-15
Executive Summary
The Ownership has engaged Re/Max Commercial as the exclusive agent for selling a Fee Simple interest in the Park Avenue Inn, Victorville, California.
The Park Avenue Inn is next to Kaiser Permanente Hospital and within walking distance of City Hall, Court House, and other Government offices.
A myriad of several significant major restaurants surrounds the Park Avenue Inn. There are numerous businesses located in or around Victorville. Surrounding businesses include the Global Access Logistics Center at the (Adelanto) Southern California Logistics Airport, only 10 miles from the property. The Boeing Company, General Atomics, and many others call SCLA home. World-class tenants located at SCLA include but are not limited to Keurig, Dr. Pepper, Newell Brands, Plastipak Packaging, Red Bull, and many others. The Wal-Mart Distribution Center, Goodyear Tire Distribution Center, and ConAgro Food, Inc. are minutes from the hotel.
The Park Avenue Inn is minutes from the Scandia Family Fun Center and the Maal of Victorville. The California Route 66 Museum, Victorville Speedway, San Bernardino County Fairground, and El Mirage Dry Lake Bed (popular for movie shoots) are minutes away. The LA/Ontario International Airport is less than 40 miles away.
Mountain High Resorts is 20 miles away, and the nearby Big Bear Mountain Resorts offers skiing, boating, hiking, and a Water Park.
The Park Avenue Inn is located on the on and off-ramp of Palmdale Boulevard Exit of Interstate 15 Freeway (I-15), which extends from San Diego, California, to Sweetgrass, Montana, where it reaches the Canada–US border. The route also passes through Nevada, Arizona, Utah, and Idaho.
The Park Avenue Inn is a great resting place on the way to Las Vegas and beyond travelers.
The Park Avenue Inn is next to Kaiser Permanente Hospital and within walking distance of City Hall, Court House, and other Government offices.
A myriad of several significant major restaurants surrounds the Park Avenue Inn. There are numerous businesses located in or around Victorville. Surrounding businesses include the Global Access Logistics Center at the (Adelanto) Southern California Logistics Airport, only 10 miles from the property. The Boeing Company, General Atomics, and many others call SCLA home. World-class tenants located at SCLA include but are not limited to Keurig, Dr. Pepper, Newell Brands, Plastipak Packaging, Red Bull, and many others. The Wal-Mart Distribution Center, Goodyear Tire Distribution Center, and ConAgro Food, Inc. are minutes from the hotel.
The Park Avenue Inn is minutes from the Scandia Family Fun Center and the Maal of Victorville. The California Route 66 Museum, Victorville Speedway, San Bernardino County Fairground, and El Mirage Dry Lake Bed (popular for movie shoots) are minutes away. The LA/Ontario International Airport is less than 40 miles away.
Mountain High Resorts is 20 miles away, and the nearby Big Bear Mountain Resorts offers skiing, boating, hiking, and a Water Park.
The Park Avenue Inn is located on the on and off-ramp of Palmdale Boulevard Exit of Interstate 15 Freeway (I-15), which extends from San Diego, California, to Sweetgrass, Montana, where it reaches the Canada–US border. The route also passes through Nevada, Arizona, Utah, and Idaho.
The Park Avenue Inn is a great resting place on the way to Las Vegas and beyond travelers.
Property Facts
| Price | $5,000,000 | No. Rooms | 68 |
| Price Per Room | $73,529 | No. Stories | 2 |
| Sale Type | Investment | Year Built/Renovated | 1983/2004 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 3.53/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.04 AC | Opportunity Zone |
Yes
|
| Building Size | 20,372 SF |
| Price | $5,000,000 |
| Price Per Room | $73,529 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.04 AC |
| Building Size | 20,372 SF |
| No. Rooms | 68 |
| No. Stories | 2 |
| Year Built/Renovated | 1983/2004 |
| Tenancy | Single |
| Parking Ratio | 3.53/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
Amenities
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 68 | $85.00 | - |
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PROPERTY TAXES
| Parcel Number | 0396-111-29 | Improvements Assessment | $1,914,800 |
| Land Assessment | $638,200 | Total Assessment | $2,553,000 |
PROPERTY TAXES
Parcel Number
0396-111-29
Land Assessment
$638,200
Improvements Assessment
$1,914,800
Total Assessment
$2,553,000
zoning
| Zoning Code | C2 (Commercial Business) |
| C2 (Commercial Business) |
-
Asok Agarwal -
Re/Max Commercial
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Park Avenue Inn Victorville | 15401 Park Ave E
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