1651 Avenue K Lancaster, CA 93534
This 170-room, 4-story hotel in Lancaster, CA, offers 70 suites and two apartments. Built in 1986 and completely renovated in 2023, this 73,813 square foot property sits on a 3.53-acre lot (APN 3129-019-027) and is zoned LRRA7000. Amenities include a complimentary breakfast, outdoor pool, fitness center, and meeting spaces. Its prime location near Edwards Air Force Base, the Lancaster Performing Arts Center, and Willow Springs International Raceway ensures strong demand from both business and leisure travelers. The property is being delivered unencumbered of its current brand, presenting a unique opportunity for repositioning and branding. Financial details are available upon request. This established hotel offers a strong market presence and a steady revenue stream, making it an excellent investment opportunity in a rapidly growing region. The property is free and clear of any ground lease.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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