3500 E. Colorado Blvd

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3500 E. Colorado Blvd

Pasadena, CA 91107-3832
Asking Price
$21.98M
Cap Rate
6.5%
Asset Type
Hotel Retail
Class
Class B

What's Special

Holiday Inn Express & Suites Pasadena | 93-Key Hotel + Strip Retail Center | Value-Add NOI Growth Op <ul><li>​#1 REVPAR IN COMPETITIVE SET - The hotel ranked #1 in RevPAR within its 7-property STR competitive set on a trailing 12-month basis through January 2026, achieving an RGI of 1.292 and MPI of 111.5 — outperforming occupancy, ADR, and RevPAR simultaneously.</li><li>​DUAL-INCOME CASH FLOW — HOTEL + RETAIL - Two income streams under one ownership: hotel T-12 NOI of $1,000,623 plus retail T-12 NOI of $324,392 at a 99.3% margin. Combined T-12 NOI: $1,325,015.</li><li>​IHG FLAG + 100M MEMBER L

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NOI
$80,000
Cap Rate
0.36%
DSCR
0.06
Underwater
Cash-on-Cash
-18.58%
Monthly Payment
$108,745.047
Annual Cash Flow
$-1,224,940.568

Location & Travel Times