Listed by Western Hotel Brokers
$9,995,000
Monterey County Franchise Hotel
Details
Property Type Hospitality
Sub Type Hotel
Keys 61
Investment Type Stabilized
Hospitality | 61 Keys | $163,852/key
Marketing description
This franchised hotel in Monterey County presents a compelling investment opportunity at over an 8% cap rate, featuring 60+ keys in a prime, freeway-accessible location serving both Monterey and Salinas.
Ownership has recently completed the PIP, positioning the property in excellent condition while still offering meaningful upside. With convenient access to major regional attractions and strong growth potential, this asset stands out in the highly desirable Monterey County market.
Backed by a well-established franchise brand, this is a rare opportunity to acquire a stabilized, high-performing hotel with immediate cash flow and room for continued value creation.
Call for details 805-807-1782
Listing Contacts
Listed by Western Hotel Brokers
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