Rad Commercial Realty
Listed by Rad Commercial Realty
$4,250,000
Lanai Motel
Details
Property Type Hospitality
Sub Type Motel
Square Footage 25,000
Keys 19
Cap Rate 8%
NOI $340,000
Occupancy 75%
Price per SqFt $170
Broker Co-Op Yes
Acreage 45000.000
Investment Type Value Add
Profitable Hotel opportunity with conversion to multi family
Investment highlights
Development opportunity to build 21 units
• Modern layouts with premium design potential
Prime Infill Location – Alhambra, CA
• Minutes to Downtown LA & Pasadena
• Strong demographics + dense demand base
High Barrier to Entry Market
• Limited new supply in San Gabriel Valley
• Strict zoning supports long-term value
Multiple Exit Strategies
• Condo sellout (premium PPSF)
• Build-to-rent stabilization
• Bulk sale to institutional buyer
Value-Add Upside
• New construction premium over aging inventory
• Strong absorption expected in submarket
Listing Contacts
Rad Commercial Realty
Listed by Rad Commercial Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$340,000.00
$28,333.33/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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