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486-Room Full-Service Sheraton Park Anaheim Goes to Auction on RealINSIGHT Marketplace

Tuesday, August 13, 2019  
Posted by: Adrian Tlatenchi
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486-Room Full-Service Sheraton Park Anaheim Goes to Auction on RealINSIGHT Marketplace

Hotel Online - August 13, 2019 

ANAHEIM, CA—August 13, 2019—RealINSIGHT Marketplace and Berkadia are pleased to offer for sale the leasehold interest in the 486-room, Sheraton Park Hotel at The Anaheim Resort for your acquisition consideration. Located steps from the Anaheim Convention Center, Disneyland® Resort, Disneyland California Adventure® Park, Downtown Disney, and the Anaheim Garden Walk. This represents an exceptional opportunity for investors to acquire an institutional quality, full-service, Marriott branded hotel in a premium location with significant operational upside through renovation/brand conversion, leasing vacant space, reconfiguring the hotel layout, and the potential to add additional keys.

The auction will take place on the online commercial real estate sales platform, RealINSIGHT Marketplace through a unique custom auction process.

About the Property:

486 Rooms
Full Service
Five Restaurants
Four Buildings
13 Floors
Renovated in 2014


This offering represents an exceptional opportunity for investors to acquire an institutional quality, full-service, Marriott branded hotel in a premium location with significant operational upside through renovation/brand conversion, leasing vacant space, reconfiguring the hotel layout, and the potential to add additional keys.

What makes this opportunity great is its proximity to both Disney and the Convention Center. Steady demand generation from both leisure and corporate which is sought after by hotel investors.

Key Highlights Include:

Potential to Expand and Add Additional Keys
Ideally Positioned in Anaheim’s 500-Acre Resort District
Adjacent to Disneyland Park, Disney California Adventure Park, Downtown Disney District, the new Star Wars Galaxy’s Edge, and the Anaheim Convention Center
Multiple Additional Income Sources, Including Morton’s Steakhouse Lease
Over 19,000 SF of Meeting Space
Significantly Below Replacement Cost
Unencumbered of Management

Tour Dates Are Available: August 13th-15th & 21st-22nd

Indicative Bids Are Due: August 28th

Investors will be notified if they are selected to participate in a closed Best & Final Auction, which will be held on September 18, 2019.

For more information on Sheraton Park Anaheim, including Due Diligence materials:
Please visit ri-marketplace.com/SheratonAnaheim

Article was originally published by: https://www.hotel-online.com/press_releases/release/486-room-full-service-sheraton-park-anaheim-goes-to-auction-on-realinsight-marketplace/