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Wengs Management Pays $6.7M for Marina Inn

Mt. Zion Enterprises Divests 106-Room Hotel in Richmond
By John Lucero
November 30, 2015 | 4:03 P.M.

Wengs Management, Inc. acquired the Marina Inn at 915 W. Cutting Blvd. in Richmond, CA from Mt. Zion Enterprises for $6.7 million, or approximately $63,000 per key. Constructed in 1967, the two-story, 47,460-square-foot motel is comprised of three buildings; two two-story frame/wood buildings with brick veneer and one single-story brick building.

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News | Wengs Management Pays $6.7M for Marina Inn