74 ROOM HOTEL & TENNIS CLUB IN VENTURA COUNTY NEAR BEACH

- OFF MARKET -

CURRENTLY UNDER 100% RENOVATION

Summary

74 Room 2 Story Hotel & Tennis Resort Located minutes to Channel Island Harbor 125,453 SF (2.8 Acre) Two 2 Story Buildings 6 Professional Tennis Courts Comes with Liquor and Entertainment Licenses Currently going thru over $700,000 in Upgrades with New Room Designs, Modern Furniture, Average Room Size 350 SF Average ADR $100 to $150 Per Night Average 80 to 85% Occupancy Located Across the Street from Pr Hueneme Naval Station which gives the hotel lots of business Doing $1,500,000 while under renovation Set to do $3,000,000 Once Renovation Complete Possibility to remove Tennis courts and build a separate Hotel of 100 Rooms

ASKING PRICE $13,000,000 PLUS 3%

TS/JM