W Kathryn Ave - Hospitality FOR SALE


Fresno, CA 93722
$16,999,000 USD
669-206-0811
W Kathryn Ave, Fresno, CA for Sale
$16,999,000 USD
Hospitality - FOR SALE
1/21
null | 6.32% Cap Rate

W Kathryn Ave
Fresno, CA 93722


HIGHLIGHTS

  • Directly off Golden State Highway
  • Directly across from national food chains and restaurants
  • Property has a pool built in
  • 4 Star-rated hotel apart of IHG Hotels

OVERVIEW

This contemporary lodging off the Golden State Highway is a 14-minute drive from downtown Fresno and the corporate offices of Pacific Gas & Electric. Formula Blue PIP completed. Over $1.5M spent on new PIP. Straightforward rooms come with flat-screen TVs and desks, plus minifridges, microwaves and premium cable channels. Kids 19 and under stay free with an adult, plus there's free WiFi in every room, as well as a choice of hard and soft pillows. Suites add separate living spaces with pull-out sofas and kitchenettes. The facility also offers a free breakfast bar and an outdoor pool, plus a fitness center, a business center and free parking.

FOR SALE DETAILS

PRICE

$16,999,000 USD

PRICE/SF

$346 USD /SF

# OF ROOMS

88

PRICE/ROOM

$193,170 {currency}

CAP RATE

6.32%

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2010

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.61 AC

LAND SF

70,132 SF

ZONING

CH

APN/PARCEL ID

504-060-86

ASK ABOUT THIS PROPERTY

Victor SinghOlingers Real Estate InvestmentsMore Info
669-206-0811

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Victor SinghOlingers Real Estate InvestmentsMore Info
669-206-0811

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