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Namco Sells Motel De Ville for $6.3 Million

Firms Trade 63-Room Property on W. Seventh Street
By Matthew Wietzke
January 21, 2009 | 6:35 P.M.

Los Angeles-based Namco Capital Group Inc. sold Motel De Ville, a 63-room motel at 1123 W. Seventh St. in Los Angeles, from a private investment firm. Total consideration for the sale was $6.25 million, or about $99,206 per room.

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News | Namco Sells Motel De Ville for $6.3 Million