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21115655
21115656

24412 Sunnymead Boulevard, Moreno Valley, CA 92553

HP
CA 01853627
Liberty Business Advisors
Listed by Liberty Business Advisors
$6,549,000
520 days on market
Updated 67 days ago
Opportunity zone

Econo Lodge Hotel 55 Room

Details
APN 481-101-040
Property Type Business for Sale, Hospitality (+3)
Sub Type Commercial, Hotel (+1)
Square Footage 20,530
Net Rentable (SqFt) 20,530
Units 55
NOI $400,000
Occupancy 100%
Brand/Tenant Econo Lodge
Pro-Forma NOI $600,000
Class B
Year Built 1987
Buildings 1
Acreage 35284.000
Zoning Commercial
Investment Type Owner/User
Occupancy Date 01/04/2025
Ownership 100

Econo Lodge Hotel Prime Location 55 Rooms

Marketing description

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

Investment highlights

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

Listing Contacts

HP
CA 01853627
Liberty Business Advisors
Listed by Liberty Business Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$400,000.00
$33,333.33/mo

Valuation Metrics

0
DSCR
6.11%
Cap Rate
6.11%
ROI

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Additional Information

Name
Houmehr Mike Panoussi
License
01853627
Brokerage Address
16200 Ventura Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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