Inn Marin

The Inn Marin is a charming family owned and operated hotel, conveniently located in Novato, California –  just minutes from Sonoma Raceway and Wine Country, and only 40 minutes north of San Francisco with excellent visibility to traffic traveling both north and south along US Hwy 101. Located on five acres, this full-service hotel includes 69 guestrooms, 1,200 square feet of meeting space, plus a restaurant and bar. The Inn Marin is the first hotel to have been named a Certified Green Hotel at the Environmentalist Level by the new State of California Green Lodging program.   Brian Resendez, CCIM teamed up with John Williams of SVN | Delta Group Realty of Novato, CA to represent both Buyer and Seller, and the property closed on 10/19/17 for $10,000,000.00

ABVI St. Helens

The Americas Best Value Inn is a 52 guestroom limited service motel located on Highway 30 in St. Helens approximately 40 minutes north of Portland, OR and 45 minutes northwest of Vancouver, WA. The property was built between 1966 and 1990 on 5.39 acres. In addition to the motel, the property includes a free-standing restaurant, laundromat, a 9 space RV park and over an acre of excess land for potential development. The buyers were looking to grow their portfolio in the area, and the property will be upgraded from an ABVI to a Motel 6 in the near future. They plan to hold the property indefinitely and continue to improve upon the facility. There were a few hiccups that delayed closing – the property was incorrectly appraised by a third party, and the Seller needed to make improvements and replace some furniture before the deal could be completed. Brian Resendez represented both the buyer and the seller in the transaction, and the property closed on 8/4/17 for a contracted price of $3,000,000.00.