Motel 6 Carlsbad Near Legoland

6117 Paseo del Norte, a Motel 6 property located off the I-5 Freeway in Carlsbad, CA, was acquired by Legacy West Partners in February 2021. This strategically positioned property is less than one mile from LEGOLAND California, Carlsbad Premium Outlets, the Flower Fields, and the beach, and benefits from high visibility along the I-5 Freeway, expanding its potential guest base.

Over the past 1.5 years, our team has completed extensive renovations, including updates to the building’s exterior, lobby, and guest rooms, as well as installing new ice machines, refrigerators, and repaving and striping the parking lot. These improvements, combined with our management team's strategic insights, have led to a 25% increase in revenue since the first year of ownership. Additionally, we have more than doubled the property's net operating income since acquisition.

acquistion date
February 16, 2021
STATUS
SALE date
Property Type
Hospitality
Motel 6 Carlsbad Near Legoland