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Perris Motel Sells for $3.4M

Holiday Inn Express Trades for $32,000 Per Room
By Susan Tysma
July 12, 2012 | 2:18 P.M.

Pacifica Host Hotels acquired the Holiday Inn Express at 480 S. Redlands Ave. in Perris, CA at an auction sale for $3.4 million, or about $32,000 per key. Pacifica does not intend to rebrand the asset at this time.

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