The Mogharebi Group
The Mogharebi Group Advises Sunstone Development on Acquisition of Budget Inn Near Disneyland Park in Anaheim
The Mogharebi Group | August 3, 2023
Anaheim, CA (August 3, 2023) – The Mogharebi Group has arranged the sale of the 60-year-old Budget Inn, a 24-key limited-service hotel located at 1042 Ball Road in Anaheim, announced Mogharebi’s Executive Vice President Otto Ozen. The buyer was local private investor Sunstone Development which intends to explore long-term alternative strategies for the site including full-service hotel uses. The off-market transaction completes Sunstone’s 1.1-acre land assemblage at the gateway to Disneyland Park that included the purchase of the adjacent 44-key Days Inn by Wyndham last year. Sunstone recognized that together, these properties comb...
The Mogharebi Group | January 25, 2023
Costa Mesa, CA (January 25, 2023) — The Mogharebi Group (TMG) has arranged the sale of the Inn at Avila, a 32-room beachfront hotel property in the Central Coast city of Avila Beach, CA, for $16.25 million. Ben Ketel, of TMG, represented the seller of the hospitality property that traded to a Los Angeles-based private investor. Built in 1965, the Inn at Avila Beach offers eight different suite types, ranging from modern spa rooms to the exclusive “owner’s suite.” The property includes a rooftop coffee house, grilling area, a business center and laundry services. “The Buyer was certainly attracted to the fact that the Inn at Av...
The Mogharebi Group | September 22, 2022
COSTA MESA, CA (September 22, 2022) — The Mogharebi Group (TMG), on behalf of a local investor, has brokered the $8.6 million sale of a 44-key Days Inn by Wyndham hotel adjacent to Disneyland in Anaheim, CA. The hotel is located at 1030 W. Ball Road at the northwest corner of Disneyland Drive, walking distance to the famed theme park and Downtown Disney. Days Inn by Wyndham features spacious guest rooms, including king-bed, two-queen bed, and three-queen bed configurations. The guest amenities include free breakfast and Wi-Fi, onsite parking, a 24-hour reception desk, and coin-operated laundry rooms. Having not been renovated since it was...
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