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Hampton Inn & Suites San Bernardino – Image Credit CBRE
The Hampton Inn & Suites located in San Bernardino, California, is currently available for acquisition. The hotel is situated just off Interstate 10, providing convenient access to several key locations, including Loma Linda University Medical Center, the National Orange Show Event Center, and San Bernardino International Airport. The property is a four-story, 114-room hotel.
Investment Details
The hotel is institutionally owned and represents an opportunity to acquire a branded lodging property at a price below replacement cost. The acquisition includes the benefit of Hilton branding, which is supported by the Hilton Honors loyalty program with over 200 million members globally.
Operational Potential
The Hampton Inn & Suites will be sold without a management contract, allowing potential buyers the opportunity to implement their own management strategies. The current operator’s national scale and corporate overhead allocation suggest potential for increased revenue through focused management and expense reduction.
Demand Drivers
The hotel’s location offers access to several demand drivers. It is situated near key locations, including Loma Linda University Medical Center, the National Orange Show Event Center, and San Bernardino International Airport. Additionally, it is located within the Hospitality Lane business district, which includes various shopping, dining, and entertainment options.
Regional Growth
San Bernardino is part of the Inland Empire, a rapidly growing region with over 4.7 million residents. The area is experiencing significant job and housing growth, surpassing neighboring coastal markets. The region’s strategic location between Los Angeles, Las Vegas, and Phoenix, along with its role as a logistics and industrial hub, enhances its attractiveness for long-term hotel investment. The area’s infrastructure includes major interstates, rail lines, and proximity to the nation’s largest port complex.
Inquire at CBRE.
