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31268257
31268278

2926 E Tulare Ave, Fresno, CA 93721 For Sale

MB
01416407
Moti Lal Balyan
Listed by Moti Lal Balyan
$10,850,000
121 days on market
Updated 23 days ago
Opportunity zone

LA QUINTA INN & SUITES BY WYNDHAM FRESNO

Details
APN 468-071-27
Property Type Hospitality
Sub Type Hotel
Square Footage 54,534
Keys 129
Cap Rate 5%
NOI $542,722
Occupancy 55%
Brand/Tenant W, Wyndham
Price per SqFt $199
Year Built 1986
Year Renovated 2016
Buildings 1
Stories 3
Acreage 2.540
Zoning Commercial
Investment Type Owner/User
Ownership Fee Simple
Sale Condition 1031 exchange

Hospitality | 129 Keys | $84,109/key

Marketing description

129-Key Upper Midscale Hotel operating under the recognized La Quinta by Wyndham brand, offering strong brand recognition and reservation network support.

Strategic Urban Location at 2926 Tulare Street in Fresno, California, positioned near downtown Fresno with convenient access to major transportation routes and commercial districts.

Strong Demand Generators Nearby, including the Fresno Convention & Entertainment Center, Community Regional Medical Center, and a variety of government, business, and healthcare facilities.

High Traffic Visibility with approximately 19,315 vehicles per day along Tulare Street and surrounding corridors.

Solid Market Fundamentals, serving both business and leisure travelers, with Fresno acting as the gateway to Yosemite National Park and the Central Valley agricultural economy.

Investment highlights

Prime Downtown Fresno Location – Ideally located at 2926 Tulare Street, providing convenient access to the city’s business district, government offices, and entertainment venues.

Near Major Demand Generators – Minutes from the Fresno Convention & Entertainment Center and Community Regional Medical Center, which drive consistent corporate, medical, and conference-related lodging demand.

Gateway to Yosemite National Park – Fresno serves as a primary entry point to Yosemite National Park, attracting year-round tourism and outdoor recreation travelers.

Excellent Transportation Access – Immediate access to major corridors, including Highway 99, Highway 41, and Highway 180, connecting travelers to the broader Central Valley and California markets.

Strong Traffic Exposure – Located along Tulare Street, with approximately 19,315 vehicles per day, providing excellent visibility and accessibility.

Surrounded by Retail and Dining Amenities – Close to numerous restaurants, shopping centers, entertainment venues, and cultural attractions throughout downtown Fresno.

Listing Contacts

MB
01416407
Moti Lal Balyan
Listed by Moti Lal Balyan

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$542,722.00
$45,226.83/mo

Valuation Metrics

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DSCR
5%
Cap Rate
5%
ROI

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