Comfort Suites Marysville / Yuba City, CA - Price Reduction
1034 N. Beale Rd, Marysville, California, 95901, United States
|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|
|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|
|Average Daily Rate:||$85.28|
|Financing:||$4 million loan assumable or new SBA loan available|
|Leasehold or Fee Simple:||Fee Simple|
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.