IRR San Diego’s hotel practice group has completed a commercial appraisal of a hotel property located in district of San Ysidro in the city of San Diego. The property consists of an existing interior and exterior corridor hotel property that contains 68 rooms. Constructed in 1985 with ongoing renovations since 2011, the three-story property includes special features like a porte-cochère, a sundries store, a business center, a guest laundry facility, a fitness center, a meeting room (divisible from a breakfast area) and an outdoor pool. The property is located on 0.92-acre site. The purpose of this commercial valuation was for loan underwriting purposes for a lender.
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