Description: Prime Los Angeles Iconic 588 Room Sheraton 4 points at LAX.
Size: Gross Building Area: 365,976 SF, Parking Garage: 75.736 SF
Land Size: 4.66 Ac
Cap Rate: see offering memo
Representation: CBRE has listing - however Hopkins has direct relationship with ownership
Pricing Guidance: Asking: 90 million - Hopkins Pricing Guidance $75 million
Note: Marriott will require PIP $15-20 million for new buyer
:
The hotel features 568 guest rooms, including 20 junior suites, a 24-hour fitness center with state-of-the-art equipment, and an outdoor heated pool equipped with a pool-side bar and cabana-style seating. Additionally, the hotel offers over 14,600 square feet of flexible meeting and event space with the ability to accommodate up to 1,370 guests. The Four Points’ on-site restaurant, Brewster’s Bar & Grill, features over 100 domestic and imported beers, and is open daily for lunch and dinner. The hotel also offers a breakfast buffet in the Comfort Restaurant, situated near the foyer and west tower elevators. Additional amenities and services at the Four Points include a lounge, coffee bar, gift shop, full-service business center, complimentary LAX shuttle service and complimentary WiFi.
