Northmarq’s Newport Beach office successfully completes $15.5 million sale of Seahorse Resort and Villa Del Mar Inn
SAN CLEMENTE, Calif. (Jan. 3, 2025) — Northmarq’s Newport Beach Commercial Investment Sales team led by Ronnie Givargis successfully completed the $15.5 million sale of Seahorse Resort and Villa Del Mar Inn, two hotels located in San Clemente, California.
Northmarq represented the seller, a local family trust. The buyer was a New York-based LLC.
“These two locations have incredible proximity to the coast and local must-see destinations,” Givargis said. “Through our marketing efforts, we were able to create a competitive bidding structure which accumulated multiple bidders and ultimately closed approximately 30% above the list price.”
Both properties sit side-by-side at 602 and 612 Avienda Victoria in San Clemente, just steps away from the Pacific Ocean and San Clemente Pier and within walking distance of T-Street Beach. The property hotel boasts nearby park and is within a short drive of coffee shops, restaurants and dining, shopping and pharmacies. It is nearby Interstate 5 and El Camino Real.
Seahorse Resort is the epitome of coastal luxury and a premier destination nestled along the sun-drenched shores of San Clemente. It offers studio suites and one- and two-bedroom suites equipped with Wi-Fi, HD cable television, one parking space, coffee and tea maker, a kitchen (microwave, refrigerator, stove, toaster), plates and glassware, silverware and utensils, and post and pans. It is dog-friendly, and stunning ocean views are available. The property has an accessible registration and concierge desk, wide corridors and hallways, and curbside check-in.
Villa Del Mar Inn’s room amenities include a sitting area, patio or terrace, garden furniture, tea and coffee facilities, dining table, ironing facilities, sashing machine and free toiletries. There is a laundry facility on site. Leisure and sports options include BBQ facilities, wind surfing, snorkeling, hiking, cycling and fishing. Paid parking is available.
Meet our team
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.
