Sunstone Development LLC Acquires Two Hotels In Anaheim For $20.6M

Sunstone Development LLC, represented by Blake Wettengel and Tanya Muro, has acquired two hotels near Disneyland Resort in Anaheim for $20.6 million. The properties include a 44-room Days Inn and a 24-room Budget Inn. The hotels are situated at 1030 West Ball Road and 1042 West Ball Road, offering convenient access to offsite attractions and Interstate 5.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $20,600,000
• Acres: 1.1
• Keys: 68
• Price per Key (PPK): $302,941
• Market: Anaheim

The buyer, Sunstone Development LLC, is a reputable real estate company. The acquisition marks their expansion in the Anaheim market and further strengthens their portfolio of hotel assets. Blake Wettengel and Tanya Muro, as the company's representatives, played a significant role in facilitating the transaction, showcasing their expertise in the hospitality sector.