212-222 WEST HOUSTON AVENUE Fullerton CA 92832

NAI Capital, Inc. as exclusive agents is pleased to offer for sale this fee-simple purchase opportunity consisting of two franchise hotels in Orange County totaling 301 rooms. The brands include Holiday Inn Express and Howard Johnson. The hotels are unencumbered by management and can be acquired separately. The Holiday Inn is a fully renovated turn key hotel and Howard Johnson is a potential value add opportunity.

The property was initially a 4 building, 300+ room Howard Johnson Inn Hotel and Conference Center. The buildings consisted of: one (1) single story building with lobby, restaurant, shops and banquet/meeting spaces; two (2) four-story buildings with guest rooms; and one (1) seven-story building with guest rooms. In 2015 the ownership shut down the seven-story building and converted this portion into the Holiday Inn Express. The remaining buildings were kept as the Howard Johnson.

The 100-room Holiday Inn Express features the new Formula Blue Design conversion that was completed end of 2017. Upgrades include but are not limited to: flooring, fixtures, furniture, doors, windows, AC, restrooms, plumbing, electrical, sprinkler system and more. The 53,853 SF building consists of 7 stories and a newly built lobby and pool.

The 201-room Howard Johnson was recently renovated in 2018. The new upgrades include but are not limited to: wall paper, flooring, lighting, plumbing, meeting rooms upgrades, parking lot, landscaping and new shuttle buses. The 113,176 SF hotel consists of 4 and single stories, over 20,000 SF of conference/banquet area and a restaurant with liquor license.