Portfolio

Sheraton Fisherman's Wharf****

Hotel – San Francisco, California

Since its opening in 1975 the Hotel with its excellent location and unique physical characteristics is not only a top vacation stay but also a popular location for meetings and events. Spectacular location: within walking distance of the area’s major attractions, including Piers 39 and 41, Ghirardelli Square, North Beach, and the Taylor & Bay Street cable car turnaround. Most major points of interest only a few minutes away, including the Moscone Convention Center, the burgeoning SoMa neighborhood, the Embarcadero, the Financial District– main drivers of room nights. Well positioned with upside potential: Hotel at a high standard, invested over USD 30 million in upgrades since 2006. Hotel’s exceptional performance is expected to continue into 2017 with projected NOI growth of 11% to over USD 14 million. Renovation and Re-Positioning of the hotel in 2017.

Hotel in Detail

Details

Legal form

open

Address 

open

Year issued

2016

Year closed

open

The Property

Type of use

4-Star-Hotel

Address

2500 Mason Street

San Francisco, CA 94133

United States

Renovation

2017

Keys

531

Floors

4

Parking

250

Management Contract

Manager

Pyramid Hotel Group

Lease

20 years