Hotel For Sale • 30,936 SF
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
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Moreno Valley/March Field (Metrolink 91-Perris Valley Line - Metrolink Trains) | 9 min | - | 6.1 mi |
Riverside-Hunter Park/Ucr (Metrolink 91-Perris Valley Line - Metrolink Trains) | 12 min | - | 8.8 mi |
Airport | Drive | Walk | Distance |
Ontario International | 32 min | - | 25.6 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 60 |
Type: | Surface |
Included in Rent: | Yes |