(KTLA) — Two small, getting old inns subsequent to Disneyland Resort will doubtless meet the wrecking ball to make manner for bigger lodge improvement.
In late June, Sunstone Improvement bought the 60-year-old, 24-room Price range Inn situated at Disneyland Drive and Ball Highway for $12 million, the Orange County Register experiences.
Final September, Sunstone additionally acquired the adjoining 44-room Days Inn by Wyndham, which hasn’t been renovated in 39 years, for $8.66 million.
The corporate that brokered the Price range Inn deal stated Sunstone is exploring “long-term various methods for the positioning together with full-service lodge makes use of,” in accordance with the O.C. Register.
Each current inns are situated northwest of Disneyland Resort and roughly a half-mile from the west entrance to Downtown Disney.
Otto Ozen, an govt with the brokerage group, informed the O.C. Register that Sunstone sees the properties as “rather more useful than the sum of its components.”
No timeline for the potential improvement has been launched.
