AWH Partners Acquires Goleta Hotel For $33M With Jon Rosenfeld, Chad Cooley & Russell Flicker
5650 Calle Real, Goleta, California 93117, United States
$33,000,000
Building Size
—
Asset Type
Hotel
Closing
Jan 25, 2022
AI
The hotel located at 5650 Calle Real in Goleta has been sold for a price of $33,000,000. The property, consisting of 158 keys, was acquired by AWH Partners, represented by Jon Rosenfeld, Chad Cooley, and Russell Flicker.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $33,000,000
- Address: 5650 Calle Real
- Market: Goleta
Jon Rosenfeld, Chad Cooley, and Russell Flicker, on behalf of AWH Partners, were the buyers in this hotel sale transaction.
Players
Goleta 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
0.48%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93