650 W Wells St - Hospitality FOR SALE


Blythe, CA 92225
$17,000,000 USD
480-567-6853
650 W Wells St, Blythe, CA for Sale
$17,000,000 USD
Hospitality - FOR SALE
1/19
null | Request Cap Rate

650 W Wells St
Blythe, CA 92225


HIGHLIGHTS

  • Newly built in 2021
  • Newest hotel in Blythe
  • EV charging stations
  • Located right off Interstate-10 at California/Arizona state border
  • Includes 2.36 acres of vacant land parcels
  • 8% average RevPar Growth in the last two years

OVERVIEW

Marcus & Millichap has been chosen to exclusively market for sale, the Holiday Inn Express & Suites in Blythe, California. This property is a 4-story, interior corridor hotel with 80 rooms, conveniently located off major Interstate 10, with easy access for transient travelers and high visibility. The property is a 2021 built asset which also includes 2.36 acres of vacant land parcel. Located just off I-10 near the Colorado River and close to the California/Arizona border, Holiday Inn Express & Suites Blythe is the newest hotel in the area with modern amenities and friendly service. Tee off at Blythe Municipal Golf Course, stroll along the Colorado River, and take a day trip to Coachella Valley. Enjoy amenities such as; complimentary breakfast buffet, 24-hour Fitness Center, outdoor swimming pool, and free Wi-Fi. Host meetings in the boardroom and stay productive in the Business Center. From free parking to spacious suites and in-room to ensure a comfortable and convenient stay in Blythe. To view offering summary and due diligence please visit https://holidayinnexpresssuitesblythe.sharplaunch.com/ or contact Michael Knall directly at (214) 500-4295 for more information.

FOR SALE DETAILS

PRICE

$17,000,000 USD

PRICE/SF

$356 USD /SF

# OF ROOMS

80

PRICE/ROOM

$212,500 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express & Suites Blythe

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2021

PARKING SPACES

99

LAND DETAILS

LAND ACRES

4.69 AC

LAND SF

204,296 SF

ZONING

C

APN/PARCEL ID

848-110-024

ASK ABOUT THIS PROPERTY

Josh TammenMarcus & MillichapMore Info
480-567-6853

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Josh TammenMarcus & MillichapMore Info
480-567-6853

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