Ashford Hospitality Trust Sells Hotel In San Diego For $45.25M With Brokers Erik Ransdell & Michael Annunziata
SOLD
California
See Similar DealsHotel239,856 SF
Sold 06/09/2026
SOLD
Ashford Hospitality Trust Sells Hotel In San Diego For $45.25M With Brokers Erik Ransdell & Michael Annunziata
1433 Camino Del Rio South
See Similar DealsHotel239,856 SF
Sold 06/09/2026
Summary
CALIFORNIA
Asset Type:Hotel
Price Per Square Foot:$188
Total Square Footage:239,856 SF
Transaction Type:Sale
The hotel asset located at 1433 Camino Del Rio South in the San Diego market has been sold for a transaction amount of $45,250,000. This property features 260 keys and boasts a total square footage of 239,856, resulting in a price per key of $174,038 and a price per square foot of $188.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $45,250,000
- Address: 1433 Camino Del Rio South
- Market: San Diego
- Seller: Ashford Hospitality Trust
- Brokers: Erik Ransdell & Michael Annunziata - Strands Realty Group
- Keys: 260
- Price Per Key: $174,038
- Square Footage: 239,856
- Price Per Square Foot: $188
Erik Ransdell and Michael Annunziata, both from Strands Realty Group, represented the transaction for the seller, Ashford Hospitality Trust, facilitating the deal in the hospitality sector.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,413,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$160,763.71
Cash-on-Cash Return-1.27%
Monthly Debt Service$214,508.09
Annual Debt Service$2,574,097.03
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