Hotel Solarena

Type: Investment

6208 W Pacific Coast Hwy., Newport Beach, CA 92663

Status:

Sold

Close of Escrow: 12/07/2023

Total Number of Units: 47

Year Built: 1970/2022

Sale Price: $19,000,000

Price per Unit: $404,255

Price per Square Foot: $832.82

CAP Rate: 6.90%

GRM: 12.09

Square Feet: 22,814

Unit Type

Sonder Hospitality

No. of Units

1

Le Investment Group is pleased to present Hotel Solarena located at 6208 West Pacific Coast Highway in Newport Beach, CA. The property is approximately 25,330 Sq Ft. on one building at four stories high. The property was built in 1970 and renovated just as recently as 2022.