Marco BarrettoInvestment Advisor

O: 415.231.5651M: 415.272.0059

mbarretto@nainorcal.comCalDRE #02078316

Alex BarkerSenior Investment Advisor

O: 415.480.0209M: 707.480.2591

abarker@nainorcal.comCalDRE #01961924

Bella Vista Inn3550 El Camino RealSanta Clara, CA 95051

OFFERINGMEMORANDUM

nainorcal.com 2

Bella Vista Inn3550 El Camino Real

Santa Clara, California 95051

The information contained in the following Investment Summary is proprietary and strictly confidential. It is

intended to be reviewed only by the party receiving it from NAI Northern California Investment Real Estate

Brokerage and should not be made available to any other person or entity without the written consent of Broker.

This Investment Summary has been prepared to provide summary, unverified information to prospective

purchasers, and to establish only a preliminary level of interest in the subject property. The information contained

herein is not a substitute for a thorough due diligence investigation. Broker has not made any investigation, and

makes no warranty or representation, with respect to the income or expenses for the subject property, the future

projected financial performance of the property, the size and square footage of the property and improvements,

the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal

regulations, the physical condition of improvements thereon, or the financial condition or business prospects of

any tenant, or any tenant’s plans or intentions to continue occupancy of the subject property.

The information contained in the Marketing Brochure has been obtained from sources we believe to be reliable;

however, Broker has not verified, and will not verify, any of the information contained herein, nor has Broker

conducted any investigation regarding these matters and makes no warranty or representation whatsoever

regarding the accuracy or completeness of the information provided. All potential purchasers must take

appropriate measures to verify all of the information set forth herein.

Marco BarrettoO: 415 231 5651mbarretto@nainorcal.com | CA CalDRE #02078316

Alex BarkerO: 415 480 0209abarker@nainorcal.com | CA CalDRE #01961924

For More Information:

Confidentiality & Disclosure

Bella Vista Inn3550 El Camino Real, Santa Clara, CA 95051

Table of Contents

4 Section 1Property Information

12 Section 2Location Information

15 Section 3Financial Analysis

17 Section 4Sales Comparables

21 Section 5Demographics

Table Of Contents

Bella Vista Inn3550 El Camino Real, Santa Clara, CA 95051

Section 1

PROPERTYINFORMATION

1

nainorcal.com 5

Property OverviewBella Vista Inn Motel. 3550 El Camino Real. Santa Clara, CA.SALE PRICE: $18,000,000

# OF ROOMS 68

PRICE/UNIT: $264,705

2018 OCCUPANCY: 84%

LOT SIZE: 1.2 acres

BUILDING SIZE: 31,246 sf

YEAR BUILT: 1975

Executive Summary

Bella Vista Inn3550 El Camino Real, Santa Clara, CA 95051

Bella Vista Inn is an independently owned and operatedMotel situated on a large 1.2 acre lot in the heart of SantaClara, CA.

Property Overview

Bella Vista Inn is located in the heart of Santa Clara, CA onEl Camino Real. It's convenient location within a busy retailcorridor allowing guests to reach a wide variety ofrestaurants and attractions within a short walking/drivingdistance. Bella Vista Inn is minutes from San JoseInternational Airport and is a short drive from San FranciscoInternational Airport and Oakland International Airport.

Bella Vista Inn is also just minutes from Santana Row,Google's campus, Santa Clara University, and severalpopular wineries. Other nearby major attractions includeLevi Stadium, California's Great America, ShorelineAmphitheatre, and the Winchester Mystery House.

Location Overview

Property Description

Bella Vista Inn3550 El Camino Real, Santa Clara, CA 95051

nainorcal.com 6

PROPERTY NAME: Bella Vista Inn

PROPERTY ADDRESS:3550 El Camino Real

Santa Clara, CA 95051

NUMBER OF ROOMS:66 room motel + 2br. 1ba.

unit.

APN: 290-01-113

LOT SIZE: 1.2 Acres

YEAR BUILT: 1975

NUMBER OF STORIES: 2

Property Details

Bella Vista Inn3550 El Camino Real, Santa Clara, CA 95051

nainorcal.com 7

Property Highlights

• Independently owned and operated Motel.

• 66 guest room Motel.

• Includes a 2-bedroom, 1 bath, newly remodeled uniton-site.

• Large 1.2 acre lot.

• Frontage on El Camino Real.

• 2-story exterior corridor Motel.

• 58 on-site surface parking spaces.

• ADA accessible guest rooms.

• Outdoor pool and hot tub, with recreational area.

• Recently replaced roof.

• Recently updated bathroom vanities.

Complete Highlights

Bella Vista Inn3550 El Camino Real, Santa Clara, CA 95051

nainorcal.com 8

nainorcal.com 9

Additional Photos

Bella Vista Inn3550 El Camino Real, Santa Clara, CA 95051

Site Plan

Bella Vista Inn3550 El Camino Real, Santa Clara, CA 95051

nainorcal.com 10

Aerial Map

Bella Vista Inn3550 El Camino Real, Santa Clara, CA 95051

nainorcal.com 11

Section 2

LOCATIONINFORMATION

2

nainorcal.com 13

Location Maps

Bella Vista Inn3550 El Camino Real, Santa Clara, CA 95051

Regional Map

Bella Vista Inn3550 El Camino Real, Santa Clara, CA 95051

nainorcal.com 14

Section 3

FINANCIALANALYSIS

3

Income Summary Per SF

Cash Revenue $287,337 $9.20

CC Revenue $1,156,847 $37.02

Hotel Transit Occupancy Collect -$117,811 -$3.77

2 Bedroom/1 Bath Unit $36,000 $1.15

Gross Income $1,362,373 $43.60

Expense Summary Per SF

Advertising and Commissions $61,671 $1.97

Bank Service Charges $41,062 $1.31

Business License and Permits $4,852 $0.16

Cable and Internet $10,695 $0.34

Hotel Supplies $25,928 $0.83

Insurance $40,154 $1.29

Landscaping and Groundskeeping $2,240 $0.07

Laundry $9,775 $0.31

Management Fee $40,500 $1.30

Payroll Expenses $298,503 $9.55

Payroll Tax $25,803 $0.83

Repairs and Maintenance $25,366 $0.81

Telephone Expense $3,362 $0.11

Utilities $86,862 $2.78

Property Tax $142,200 $4.55

Gross Expenses $818,976 $26.21

Net Operating Income $543,397 $17.39

Income & Expenses

Bella Vista Inn3550 El Camino Real, Santa Clara, CA 95051

nainorcal.com 16

Section 4

SALESCOMPARABLES

4

Subject Property

3550 El Camino Real | Santa Clara, CA 95051

$18,000,000Sale Price: 1975Year Built:

31,246 SFBuilding SF: 68No. Rooms:

$264,706$ / Room: 3.02%CAP:

$543,397NOI:

1

Domain Hotel1085 E El Camino Real | Sunnyvale, CA 94087

$51,500,000Sale Price: 1985Year Built:

104,384 SFBuilding SF: 136No. Rooms:

$378,676$ / Room: 10/17/2017Closed:

1

2

Santa Clara Inn2188 The Alameda | San Jose, CA 95126

$8,600,000Sale Price: 1983Year Built:

9,293 SFBuilding SF: 30No. Rooms:

$286,666$ / Room: 03/15/2016Closed:

2

Sales Comparables

Bella Vista Inn3550 El Camino Real, Santa Clara, CA 95051

nainorcal.com 18

Subject Property Price Bldg. SF Price/Room RevPar CAP # Of Rooms

Bella Vista Inn3550 El Camino RealSanta Clara, CA 95051

$18,000,000 31,246 SF $264,706 - 3.02% 68

Sale Comps Price Bldg. SF Price/ROOM RevPAR CAP # Of ROOMS Close

1Domain Hotel1085 E El Camino RealSunnyvale, CA 94087

$51,500,000 104,384 SF $378,676 - - 136 10/17/2017

2Santa Clara Inn2188 The AlamedaSan Jose, CA 95126

$8,600,000 9,293 SF $286,666 - - 30 03/15/2016

Totals/Averages Price Bldg. SF Price/Unit RevPAR CAP # Of Units

$30,050,000 56,839 SF $332,671 - - 83

Sales Comparables Summary

Bella Vista Inn3550 El Camino Real, Santa Clara, CA 95051

nainorcal.com 19

3550 El Camino Real | Santa Clara, CA 95051Subject Property

11085 E El Camino RealSunnyvale, CA 94087

Domain Hotel 22188 The AlamedaSan Jose, CA 95126

Santa Clara Inn

Sales Comparables Map

Bella Vista Inn3550 El Camino Real, Santa Clara, CA 95051

nainorcal.com 20

Section 5

DEMOGRAPHICS

5

* Demographic data derived from 2010 US Census

Population 0.5 Miles 1 Mile 1.5 MilesTOTAL POPULATION 9,303 33,463 66,913

MEDIAN AGE 34.1 35.2 36.1

MEDIAN AGE (MALE) 34.1 35.2 36.1

MEDIAN AGE (FEMALE) 34.1 35.2 36.1

Households & Income 0.5 Miles 1 Mile 1.5 MilesTOTAL HOUSEHOLDS 3,894 13,390 25,990

# OF PERSONS PER HH 2.4 2.5 2.6

AVERAGE HH INCOME $96,328 $101,466 $105,746

AVERAGE HOUSE VALUE $623,152 $659,511 $677,155

Ethnicity 0.5 Miles 1 Mile 1.5 Miles% HISPANIC 15.4% 16.3% 15.6%

Race 0.5 Miles 1 Mile 1.5 Miles% WHITE 42.0% 44.4% 46.2%

% BLACK 2.4% 1.9% 1.7%

% ASIAN 47.5% 44.5% 43.5%

% HAWAIIAN 0.6% 0.8% 1.2%

% INDIAN 0.2% 0.2% 0.3%

% OTHER 7.9% 9.0% 8.3%

Demographics Map

Bella Vista Inn3550 El Camino Real, Santa Clara, CA 95051

nainorcal.com 22

* Demographic data derived from 2010 US Census

0.5 Miles 1 Mile 1.5 Miles

Total Households 3,894 13,390 25,990

Total Persons Per Hh 2.4 2.5 2.6

Average Hh Income $96,328 $101,466 $105,746

Average House Value $623,152 $659,511 $677,155

0.5 Miles 1 Mile 1.5 Miles

Total Population 9,303 33,463 66,913

Median Age 34.1 35.2 36.1

Median Age (Male) 34.1 35.2 36.1

Median Age (Female) 34.1 35.2 36.1

Demographics Report

Bella Vista Inn3550 El Camino Real, Santa Clara, CA 95051

nainorcal.com 23

Bella Vista Inn3550 El Camino Real, Santa Clara, CA 95051

Marco BarrettoInvestment Advisor

O: 415.231.5651M: 415.272.0059

mbarretto@nainorcal.comCalDRE #02078316

Alex BarkerSenior Investment Advisor

O: 415.480.0209M: 707.480.2591

abarker@nainorcal.comCalDRE #01961924