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