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Riverside Motel 6 Sells for $3.6M

Laxmi Hotels Pays $30K Per Room
By Sheren Mero
October 31, 2011 | 1:28 P.M.

Laxmi Hotels LLC purchased the Motel 6 hotel located at 3663 La Sierra Ave. in Riverside, CA from Motel 6 Operating LP for $3.625 million, or about $30,000 per room.

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