Hotels Sold in Santa Clara – 95035– 15/31

Executive Inn
95 Dempsey Rd, Milpitas, CA 95035

Sale Date:  12/4/2014
Sale Type:  Investment
Bldg Type:  Hospitality – Hotel
Sale Price:  $7,600,000 – Confirmed
Year Built/Age:  Built 1983  Age: 31
GBA:  20,770 SF
Price/SF:  $365.91
Land Area:  0.90 AC (39,204 SF)
Price/AC Land Gross:  $8,444,444 ($193.86/SF)
Price/Room:  $100,000
# of Rooms:  76
Stories:  3
Typical Floor Size:  6,923 SF