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Value Place Opens First Sacramento Location
Pegasus Group, a Walnut Creek, California based real estate development company announces the opening of their first hotel.
The developer for this project is Pegasus Group of Walnut Creek, California. Pegasus Group has substantial experience in the real estate business over the past 27 years. Pegasus Group operates self storage properties, marinas, mobile home parks, and industrial and office buildings throughout the United States.
“We liked Value Place immediately because it fit perfectly with our backgrounds but also because it was a business addressing an underserved niche,” said Tim Davis, Managing General Partner. “While most extended stay chains focus on higher price points and business clients with expense accounts, Value Place focuses on the guests that are picking up the tab themselves. It made a lot of sense to us.”
“Consumers are always looking for the best deal but don’t want to sacrifice quality for a lower price point. Value Place is able to offer just that: a clean, comfortable, safe room at an extremely affordable price,” said Davis. “We will be the first location in the market, and we believe Value Place is a much-needed concept that Sacramento consumers will embrace right away.”More information on Pegasus Group and Value Place may be obtained by writing the firm at 1148 Alpine Road, Walnut Creek, CA 94596
or calling (925)-930-0810.