Comfort Suites Marysville / Yuba City, CA

1034 N. Beale Rd, Marysville, California, 95901, United States
Price: Not Available

Seller’s Broker information

Joel W. Hiser - DRE 00843789

All properties from this broker
Broker profile
Location: The CA Highway 70 location just north of the Highway 65/70 merger point affords the Property easy access from the high growth area of Roseville/Sacramento and the nearby Beale Air Force Base.
Property type: Limited Service Suite Hotel
Number of rooms: 65 with expansion potential
Meeting space: 2 Small Meeting Rooms
Year built: 2006
Corridors: Interior
Parking: Surface lot
Parking Spaces: 70
Number of Buildings: 1
Number of Stories: 3 with interior corridors
Amenities: Indoor Pool, Fitness Room, Business Center and Guest Marketplace
For Period Ending: February, 2017
Occupancy: 78%
Average Daily Rate: $85.28
Financing: $4 million loan assumable or new SBA loan available
Leasehold or Fee Simple: Fee Simple
Status: Sold
Property Description

This 11-year old, interior corridor, three story, Comfort Suites is located in a strong performing hotel market with no new hotel development proposed. It has excellent value creation potential by means of a PIP renovation. The location is near Beale Air Force Base, a large outdoor amphitheater, casino (under development) and 35 miles north of Sacramento, CA.

This Property has excellent upside potential in ADR by implementing a revenue management system and completion of the franchise required renovation.. The Property also affords new ownership with renovation, expansion and re-branding opportunity as a Holiday Inn Express & Suites or several other brands.

Powered by FW Real Estate: Joomla real estate component

Of this we are certain, no one is better qualified and positioned to assist clients in succeeding with their hotel, tourism and leisure projects, assets and investments than the hotel experts at HTL Hospitality Advisors.

Call us today at (415) 925-8800