Description

Ballard Inn | 15-Key Boutique Hotel is a hospitality property for sale at 2436 Baseline Avenue in Ballard, CA. Its 15 rooms give a buyer a defined operating scale, while the 2024 renovation provides a recent point of reference for the asset.

Built in 1985, the property comprises 9,062 SF on 0.52 acres. The room count, building size and site area place the physical asset alongside the operating figures, giving a hotel buyer a way to judge the scope of the acquisition without treating any one metric as the whole story. The property is zoned C2 and carries APN 137-061-027. For an owner-operator, those particulars help frame the building and land being acquired; for an investor, they establish the asset behind the hotel’s reported performance.

The asking price is $6,500,000, or $433,333 per unit. The property reports a 7.62% cap rate, including a 7.62% T12 cap rate, and an ADR of $304.53 per night. Together, these figures put the transaction in both investment and hotel-operating terms: the cap rate speaks to the acquisition, while ADR reflects the room-revenue side of the business. A buyer can weigh that operating profile against the asking price, the 15-room scale and the renovated property in a single hospitality acquisition.