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23932 Paseo De Valencia

Bhavesh Ahir Of Haley Hospitality Enterprises Acquires Hotel From LHMLP For $17M In Laguna Hills
SOLDHotel

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

Oliver Shah

Atlas Hospitality Group

Broker

$17M

vol

1 deal

Broker

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