Lancaster Hotel Investment
43719 17th St W Lancaster, CA 93534
43719 17th St W, Lancaster, CA, 93534
$12,000,000
For Sale
$12,000,000
Holiday Inn Express with 73 guestrooms in Lancaster, California.
Property Size40,014 SF
Lot Size1.64 Acres
Price / SF$299.90
Days on Market130
Property Features for 43719 17th St W
General Information
- Standard status
- Active
- Size
- 40,014 SF
- Lot size
- 1.64 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2004
Listing Agency
KO TAI REALTY
(562) 869-4248
Listed by
HSIEN HSU · License #01321428
Source
Elliman
Added: Mar 10 Checked: Jul 17 at 6:33 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KO TAI REALTY
Investment Insights
Based on property information with market context.
This Holiday Inn Express hotel, presenting an investment opportunity, is located in Lancaster City, Los Angeles County, California. Constructed in 2004, the three-story hotel features an interior corridor design and comprises 73 guestrooms. The building spans 40,014 square feet on a 71,525-square-foot lot. Amenities include a mini-store, breakfast room, swimming pool, and fitness center, along with high-speed internet and Wi-Fi. The hotel offers comfortable rooms.
Key Highlights
- Established Holiday Inn Express Hotel in Lancaster City, Los Angeles County, California.
- Investment opportunity with an operating hotel.
- Substantial building size of 40,014 square feet on a 71,525 square foot lot.
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $864.3k | $21.60 |
| − Vacancy | −$103.7k | −$2.59 |
| EGI | $760.6k | $19.01 |
| − OpEx | −$399.3k | −$9.98 |
| NOI | $361.3k | $9.03 |
40,014 SF · lease $21.60/SF/yr · vacancy 12.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$5.16M
$4.52M – $6.02M
NOI $361,278 @ 7.0% cap · market cap 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.57M
$11.00M – $14.66M
NOI $879,821 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Holiday Inn Express ...
Hotel & Motel
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FAQs
What type of property is this?
Hotel - Holiday Inn Express with 73 guestrooms in Lancaster, California.
Where is this hotel located?
The property is located at 43719 17th St W Lancaster, CA.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: Established Holiday Inn Express Hotel in Lancaster City, Los Angeles County, California.; Investment opportunity with an operating hotel.; Substantial building size of 40,014 square feet on a 71,525 square foot lot.
