24412 Sunnymead Blvd - Hospitality FOR SALE


Moreno Valley, CA 92553
$6,999,000 USD
661-816-1141
24412 Sunnymead Blvd, Moreno Valley, CA for Sale
$6,999,000 USD
Hospitality - FOR SALE
1/13
null | Request Cap Rate

24412 Sunnymead Blvd
Moreno Valley, CA 92553


OVERVIEW

FOR SALE: Econo Lodge Hotel - Prime Investment Opportunity in Moreno Valley, CA Asking Price: $6,999,000 Bldg Size: 20,530 sqft Property Size: 35,284 sqft Franchise Agreement: Active through 2029 with 8.5% royalty fees Property Highlights: 55 Guest Rooms Annual Gross Income: $1,250,000 Net Income: $400,000 annually before mortgage payment Operational Opportunity: Underperforming due to mismanagement, leaving room for significant revenue growth with new oversight and strategic upgrades. Why Invest? Steady Income Stream: Already generating a solid $1.25M annually with clear potential to increase profits through better management and marketing. Prime Location: Situated off the Moreno Valley Freeway with high visibility and accessibility. Walking distance to budget-friendly dining and less than a mile from Sunnymead Park. Close to shopping, entertainment, and outdoor recreation. Scalable Potential: Renovate and reposition the property to attract a broader clientele. Maximize occupancy rates and operational efficiency. Guest-Friendly Features: This pet-friendly Econo Lodge® is known for its convenience and affordability, offering: Comfortable accommodations ideal for both leisure and business travelers. A strategic location that appeals to travelers looking for budget-conscious yet convenient stays. Growth Potential: With experienced leadership and targeted investment, this property offers substantial room for revenue growth, making it a high-value addition to your portfolio. Don’t miss this opportunity to own a profitable hotel in a growing area! For more details or to schedule a tour, contact us today! Please do not speak to anyone at this location!!! Please Provide signed NDA and Proof of Funds for more Information

FOR SALE DETAILS

PRICE

$6,999,000 USD

PRICE/SF

$226 USD /SF

# OF ROOMS

54

PRICE/ROOM

$129,611 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Econo Lodge Moreno Valley

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1987

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,284 SF

ZONING

C1

APN/PARCEL ID

481-101-040

ASK ABOUT THIS PROPERTY

Houmehr Mike PanoussiLiberty Business AdvisorsMore Info
661-816-1141

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Houmehr Mike PanoussiLiberty Business AdvisorsMore Info
661-816-1141

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.