Californian from a hotel family buys Cap Hill hostel for $2.4M

Californian from a hotel family buys Cap Hill hostel for $2.4M

A 28-year-old Californian checked into a hostel in Cap Hill last week. And not for a night. Nick Desai Jr. bought the place. “I feel like I can give my two cents and go ahead and implement new strategies, add new amenities, change up the look here and there but still keep that historic touch that this property has to it,” Desai told BusinessDen. He purchased the 66-bed Ember Hostel and its real estate at 857 N. Grant St. for a combined $2.4 mill…