Anaheim Marriott Suites
12015 Harbor Boulevard
Garden Grove,
CA 92840
371 Units
Property Summary
Price | Call for Details |
Units | 371 |
Year Built | 2002 |
Rentable SF | 360,156 |
Lot Size Acres | 6.08 |
Parking Spaces | 435 |
Investment Highlights
- Institutional Quality Hotel with Strong Brand Affiliation
- Strong Value-Add Upside by Bolstering Income Due to Below-Market ADR and RevPAR
- Attractive Assumable Existing Debt of $53M
- Superior Location with Outstanding Visibility and Access to World Renowned Attractions
- Strong Demand in Disneyland Submarket
- Significant Discount to Replacement Cost
Property Description
The Mogharebi Group is pleased to present the opportunity to acquire the Anaheim Marriott Suites, a 371- key institutional-quality hotel located at 12015 Harbor Boulevard in the heart of the Anaheim / Garden Grove resort district. Constructed in 2002, the property operates as a full-service hotel with an in-place Marriott International franchise agreement, which continues until November 2034. All rooms feature highly desirable suite style layouts that are ideal for both family oriented travelers, convention delegates, and visiting business professionals.
12015 Harbor Boulevard
Garden Grove, CA 92840
Garden Grove, CA 92840
Anaheim Marriott prime location along the Harbor Boulevard corridor, just a few miles south of Disneyland and the Anaheim Convention Center, offers easy accessibility and convenience to serve the over 25 million guests and 950,000 conventioneers annually. The property is surrounded by an abundance of dining, shopping, and grocery options. Additionally, more local attractions can be found just a short drive away, these include Angel Stadium, Knotts Berry Farm, and the Honda Center.
Listing Advisors
Otto Ozen
Adam Gatto
Brett Bayless
Layla Gabertai