Our Portfolio
Value-add hospitality acquisitions across Coastal San Diego.
Boardwalk Hotel
Highlights
- $7.7M acquisition in the heart of Mission Beach
- Appraised at $12M after 30 months of value-add upgrades
- #1 Small Hotel in San Diego (TripAdvisor)
Baker Hotel (East Village)
Highlights
- 22 room acquired for $2.6 million in 2017
- Value add project
- Long term master lease to Sonder
California Dreams Hostel
Highlights
- 17 room hostel located in Pt Loma
- Value add stabilization
- Long term NNN master lease to experienced operator
Neon Elm
Highlights
- 50 unit hotel in Banker’s Hill
- Purchased for $6.4 million
- Value add syndication
- Stabilized with master lease
Little Italy Adventure Hostel
Highlights
- Historical building, turned from SRO into high end office space
- Acquired at $350k, $600k+ of capital improvements
- Turned into profitable short term rental
- Sold for $1.8 million to Adventure Hostel Group
W Fir
Highlights
- Acquired for $2M — converted from sober living house
- Appraised at $3.1M after value-add improvements
- Master leased to experienced STR operator
