665 Manzanita Ct - Hospitality FOR SALE


Chico, CA 95926
$9,875,000 USD
650-740-9875
665 Manzanita Ct, Chico, CA for Sale
$9,875,000 USD
Hospitality - FOR SALE
1/7
null | Request Cap Rate

665 Manzanita Ct
Chico, CA 95926


OVERVIEW

Investment Opportunity: Motel 6 ChicoAddress: 665 Manzanita Ct, Chico, CA 95926Price: $9,875,000 This 3-story Motel 6, built in 1972, sits on a 1.30-acre lot and features 78 guest rooms. It is zoned for Regional Commercial use and offers a prime location with easy access to Highway 99. The property is close to key attractions like California State University, Chico, downtown Chico, Bidwell Park, and the Sierra Nevada foothills, making it an ideal spot for both leisure and business travelers. Nearby, guests can find shopping centers, restaurants, and outdoor recreation areas, enhancing the property's appeal. Top local attractions such as Bidwell Mansion State Historic Park and Bidwell Park bring in a wide variety of visitors. With its strategic location and proximity to popular amenities, Motel 6 Chico represents a solid investment opportunity in one of Northern California's vibrant cities.

FOR SALE DETAILS

PRICE

$9,875,000 USD

PRICE/SF

$324 USD /SF

# OF ROOMS

78

PRICE/ROOM

$126,603 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Motel 6 Chico

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1972

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

CITY

APN/PARCEL ID

006-240-017-000

ASK ABOUT THIS PROPERTY

Neville ParujanwalaHospitality FundingMore Info
650-740-9875

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

Neville ParujanwalaHospitality FundingMore Info
650-740-9875

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