Bhavesh Ahir Of Haley Hospitality Enterprises Acquires Hotel From LHMLP For $17M In Laguna Hills
23932 Paseo De Valencia
$17,000,000
$194/SF
Building Size
87,500 SF
Asset Type
Hotel
Closing
Mar 18, 2025
AI
The property involved in this transaction is a hotel located at 23932 Paseo De Valencia in Laguna Hills. The transaction was completed for $17,000,000.00 and encompasses a total square footage of 87,500 square feet.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $17,000,000.00
- Address: 23932 Paseo De Valencia
- Market: Laguna Hills
- Square Footage: 87,500
- Buyer: Bhavesh Ahir - Haley Hospitality Enterprises
- Seller: LHMLP
- Brokers: Oliver Shah - Atlas Hospitality Group, Justin Myers
The deal was facilitated by the representation of Oliver Shah from Atlas Hospitality Group, who acted on behalf of the buyer, and Justin Myers, who also played a role in the process. This highlights the collaborative efforts that contributed to the successful completion of the transaction.
Players
Laguna Hills Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.93%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93