Sheraton Hotel Redding At Sundial Bridge - Redding Record ...

FIGURE 11-1 REVIEW OF PERTINENT TRANSACTIONS
Property Location Sale Date
Price Rooms Price/Rm
Chamberl a i n Wes t Holl ywood West Hollywood, California Dec-10 $38,500,000 113 $340,708 1980
Hollywood Heights Hotel Hollywood, California Dec-10 29,350,000 160 183,438 1975
Homewood Suites Carlsbad North San Diego County Ca rl s ba d, Ca l i forni a Nov-10 32,000,000 145 220,690 2008
Sheraton Delfina Santa Monica Santa Monica, California Nov-10 102,800,000 310 331,613 1983
Embassy Suites Irvine Orange County Airport Irvine, California Oct-10 59,275,000 293 202,304 1986
Radisson Ontario Airport Ontario, California Aug-10 12,000,000 299 40,134 1986
Courtya rd Anaheim a t Dis neyl a nd Res ort Anaheim, California Jul-10 25,000,000 153 163,399 2006
Holiday Inn San Jose Silicon Valley San Jose, California Jul-10 10,500,000 208 50,481 1990
Hilton Checkers Los Angeles, Cal ifornia Jun-10 46,000,000 188 244,681 1927
Homewood Suites Clovis Cl ovi s , Ca l i forni a Feb-10 12,435,000 83 149,819 2010
Sheraton Pleasanton Pl ea s anton, Cal ifornia Jan-10 12,300,000 170 72,353 1985
Comfort Sui tes Pa l m Des ert Pa lm Desert, Ca li forni a Dec-09 5,550,000 72 77,083 2000
Wyndham Orange County Costa Mes a , Ca l i forni a Nov-09 21,000,000 238 88,235 1987
Holiday Inn Laguna Hills Laguna Hill s, California Jul-09 12,000,000 147 81,633 1977
Hampton Inn & Suites Clovis Cl ovi s , Ca l i forni a Jul-09 11,150,000 86 129,651 2009
Marriott Riverside Riverside, California Jun-09 19,300,000 292 66,096 1987
Marriott Na pa Va lley Hotel & Spa Napa, California May-09 36,000,000 274 131,387 1979
Homewood Suites Carlsbad North San Diego County Ca rl s ba d, Ca l i forni a Feb-09 27,235,000 145 187,828 2008
Hampton Inn Carlsbad Ca rl s ba d, Ca l i forni a Jan-09 15,800,000 94 168,085 2007
Residence Inn Santa Clarita Valencia Santa Clarita, California Oct-08 16,599,578 90 184,440 1997
Fairfield Inn Santa Clarita Santa Clarita, California Oct-08 9,337,262 66 141,474 1997
Courtya rd Sa nta Cl a ri ta Valencia, California Sep-08 22,700,000 140 162,143 2007
Holiday Inn Sacramento Northeast Sacramento, California Aug-08 19,000,000 230 82,609 1980
Homewood Suites San Jose Airport San Jose, California Jul-08 21,862,000 140 156,157 1991
Holiday Inn Express Santa Nella Santa Nella, California Jul-08 7,500,000 100 75,000 1989
Hyatt Regency Suites Palm Springs Pa lm Springs , Cal ifornia Jun-08 19,800,000 193 102,591 1985
Hampton Inn & Suites Tulare Tulare, California Jun-08 10,331,000 86 120,128 2008
Residence Inn San Diego Oceanside Oceanside, California May-08 28,750,000 125 230,000 2007
Residence Inn Downtown Burbank Burbank, California May-08 50,500,000 166 304,217 2007
Hyatt Valencia Valencia, California May-08 55,000,000 244 225,410 1998
Courtya rd Cypress Cypres s , Ca l i fornia Apr-08 31,164,000 180 173,133 1988
Marriott Bakersfield a t the Convention Center Bakersfield, California Ma r-08 26,000,000 258 100,775 1995
Hilton Garden Inn Sacramento South Natomas Sacramento, California Ma r-08 27,360,000 154 177,662 1999
Embassy Suites Los Angeles Downey Downey, California Jan-08 34,660,000 219 158,265 1985
Year
Opened
From these selected sales, we have chosen several primary transactions for further
review and consideration in the development of an indication of value via this
approach. These are illustrated in the following table.
February-2011 Sales Comparison Approach
Sheraton Hotel Redding At Sundial Bridge – Redding, California 98