For Sale
$19,750,000

920 University AvenueBerkeley, CA 94710

University Inn – Berkeley, CA

Overview

Added:
Jan 28
Days on market:
66
The Bowman Post Group of NewGen Advisory is pleased to present for sale the University Inn – Berkeley, CA. This 3 story, interior corridor hotel has 113 keys and has an excellent location on University Avenue. The hotel is near The University of California – Berkeley, the Lawrence Berkeley National Laboratory, and other major demand generators. This is an ideal investment opportunity for investors looking for upside in the Bay area.

Location Description
Located in vibrant Berkeley, the University Inn – Berkeley, CA benefits from its proximity to the renowned UC Berkeley campus, fostering a dynamic and educated workforce. The area is celebrated for its innovative spirit, with the East Bay/Oakland market serving as a hub for technology, research, and creative industries.

Investors will find a wealth of nearby points of interest including the Tilden Regional Park, Berkeley Marina, and the thriving dining and arts scene of downtown Berkeley. This property presents an enticing proposition for hospitality investors seeking a strategic foothold in the thriving East Bay/Oakland area.

Highlights

  • 113 room, 3 story interior corridor hotel on 1.54 acres Located on University Avenue Excess parking & banquet space Closed full-service restaurant 2.2 miles to UC Berkley , 12.6 miles to San Francisco, 16.6 miles to Oakland Value add opportunity in high barrier to entry market Located in opportunity zone

Property Details for 920 University Avenue

Property type
Hotels, Hospitality properties
Square Feet
93,992 SF
Price / Square Foot
$210.12
Year Built
1965
Buildings
1
Stories
3
Elevators
N/A
Lot Size (sq. ft)
67,082 SF
Units
113

Location Insight

City
Berkeley
County
State
California

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920 University Avenue
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