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listing
1 of 43
Commercial
$18,880,000
2156 E Colorado Boulevard
Pasadena, CA 91107
Listed by CINDY JIE DRE#02053015 [email protected] Pinnacle Real Estate Group
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$97,555/mo

Ramada by Wyndham Pasadena located on Colorado Blvd in Pasadena, the World famous Rose Parade City, close to Cal Tech, Pasadena City College, Huntington Library, Rose Bowl, Old Town Pasadena and Central Business District of downtown Pasadena. Easy accessibility to freeway, business and transportation. This 3-Story Hotel was built in 1981 with 23,722 sqft building area and a lot size of 31,913 sqft. The frontage of Ramada is in the Annual Rose Parade Route. The building has 80 guest rooms with many amenities including Fitness Center, Business Center, Laundry Facilities, outdoor pool and spa, Free Breakfast, free parking and free internet service. Wheelchair accessible rooms are available. Guest Rooms is a mix of 37 King Beds, 35 Double Queen Beds; 3 ADA Double Queen and 2 King Suites plus 3 converted rooms totaling 80 units. Manager Quarter is converted to two guest rooms with ADA Queen and King Bed. Meeting Room upstairs is converted to Double Queen. About 18 Guestrooms could see the Rose Parade on Colorado from the room balcony. Total about 62 parking spaces. Occupancy has historically been 75-80%. RAMADA is part of Wyndham Worldwide Network. Great potential investment opportunity.

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Information courtesy of Pinnacle Real Estate Group is subject to verification and is not guaranteed.
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