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5250 West El Segundo Boulevard

Hotel In Hawthorne Sold For $17.75M With James Antonucci, Mike Pesci And Dario Svidler As Brokers
SOLDHotel

Hotel In Hawthorne Sold For $17.75M With James Antonucci, Mike Pesci And Dario Svidler As Brokers

5250 West El Segundo Boulevard

$17,750,000

$193/SF

Building Size

91,978 SF

Asset Type

Hotel

Closing

Jul 11, 2024

AI

The property asset involved in the transaction is a hotel located at 5250 West El Segundo Boulevard in the Hawthorne market. The sale price of the property was $17,750,000. It encompasses a total square footage of 91,978, translating to a price per square foot of $193.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $17,750,000
  • Square Footage: 91,978
  • Price per Square Foot: $193
  • Address: 5250 West El Segundo Boulevard
  • Market: Hawthorne

The key individuals involved in the deal are brokers James Antonucci and Mike Pesci from APLA Group - Keller Williams Studio City, along with Dario Svidler from Partners CRE. These brokers facilitated the transaction for the aforementioned hotel property.

Players

Michael Pesci

Keller Williams Realty

Broker

$20.4M

vol

2 deals

Broker

Hawthorne 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

0.89%

Cash-on-Cash

-0.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93