Hotel Property Appraisal in Orange County

hotel-property-appraisal-orange-countyIRR San Diego’s Hotel Specialty Practice Group has completed a commercial appraisal of a hotel property located in Newport Beach, Orange County. The property consists of an interior corridor, limited-service hotel containing 47 rooms. Special features include a snack bar, breakfast area, fitness center, and outdoor pool. Partial ocean views are visible from rooms facing south on the second, third, and fourth floors. The hotel was built in 1970, most recently renovated in 2009, and is located on a 0.44 acre site. The purpose of this commercial valuation was for loan underwriting purposes for a lender.

IRR San Diego is the leading hotel property valuation firm in the country, valuing over $2 billion in hotel and motel properties. If you have any questions or needs regarding hospitality property appraisals, please contact us today at 858-259-4900 or sandiego@irr.com. Also, be sure to visit our Hospitality page for more information on our specialty group.

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