List Search

1215 Hospitality Ln
Needles, CA 92363

$5,720,000 USD

Hotel For Sale  •  36,762 SF

Property Details

  • Property Type Hotel
  • Total Building Size 36,762 SF
  • Lot Size 2.5 AC
  • Building Class C
  • Year Built 1985
  • Cap Rate 10.29 %
  • Tenancy Single
  • Zoning C-2
0 Transit Score
50 Walk Score

Highlights

Ongoing Renovation & Refresh – Since the owner’s acquisition, over $300,000 has been invested into the property.
Strong Brand Recognition – Days Inn & Suites is a wellrecognized and respected brand within the Wyndham Hotels & Resorts portfolio.
Potential for Operational Improvement – A new operator could improve the current operations by completing the renovations and improving on STR comp.
Proximity to Major Demand Drivers – Days Inn & Suites is within close proximity to the Colorado River, along with popular destinations.
Economies of Scale – An operator within the STR Market can scale their existing management network and sales team.
No New Supply in Pipeline

Property Flyers

Cap Rate: 10.29 %

Amenities

  • Pool

Public Transportation

Commuter RailDriveWalkDistance
Needles Amtrak (Southwest Chief - Amtrak) 1 min 11 min 0.6 mi
AirportDriveWalkDistance
Laughlin/Bullhead International 45 min - 26.5 mi
Ryan Kawai Sanchez 949-287-5854 Matthews Real Estate Investment Services
Ryan Kawai Sanchez 949-287-5854 Matthews Real Estate Investment Services