Y&C Pacific Sells Good Nite Inn Hotel In Whittier To Andy Investment Co

The property involved in the transaction is the Good Nite Inn, a 102-key courtyard-style hotel located at 10317 Whittier Blvd in Whittier, CA. The asset sits on a 72,869-square-foot parcel near various retail amenities and major tourist attractions in Southern California. The seller, Y&C Pacific, sold the property to Andy Investment Co for $8,000,000. Warren Berzack of Lee & Associates represented both the buyer and the seller in the transaction.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $8,000,000.00
• Market: Whittier
• Buyer: Y&C Pacific
• Seller: Andy Investment Co
• Buyer's Rep: Warren Berzack (Lee & Associates)

Warren Berzack, as the national director of Lee & Associates Multifamily Advisory Group, facilitated the sale of the Good Nite Inn. The property, which had no franchise agreement in place and had been owned by the seller for over 30 years, presented an opportunity for repositioning and rebranding. In addition to this transaction, Lee & Associates-LA North/Ventura also oversaw the sale of Space 15 Twenty, a shopping and dining destination along the Cahuenga Corridor in California.