Updated Sep 16, 2025
Ashford Hospitality Trust Sells 150-room Residence Inn In San Diego For $42M
5995 Pacific Mesa Court
$42,000,000
Building Size
—
Asset Type
Hotel
Closing
Sep 11, 2025
About this deal
AI
The 150-room Residence Inn located at 5995 Pacific Mesa Court in San Diego is currently in contract for a sale price of $42,000,000, which equates to $280,000 per key. The transaction is part of Ashford Hospitality Trust’s deleveraging strategy, with a 5.7% cap rate post $16M in planned improvements. The deal is expected to close in October 2025, indicating the ongoing investor interest in San Diego's robust hotel market.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $42,000,000
- Seller: Stephen Zsigray - Ashford Hospitality Trust
- Market: San Diego
- Keys: 150
- PPK: $280,000
Stephen Zsigray represents Ashford Hospitality Trust in this transaction, signaling the company’s continued efforts to manage its portfolio strategically amidst market demands.
On the Map
$42,000,000
Hotel
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.38%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93