Red Roof Inn & Suites Monterey
Hospitality
Marketing description
Western Hotel Brokers presents a rare opportunity to acquire the Red Roof Inn & Suites Monterey—a unique investment opportunity in one of California’s most desirable coastal markets. This 55-key exterior corridor property also includes a spacious 1,500 SF manager’s quarters, offering both operational convenience and added value.
The offering is further enhanced by two on-site retail/commercial buildings, currently 100% leased to four long-term tenants, providing immediate, stable income alongside the hotel operations.
Situated on two parcels totaling over 1.5 acres, the property offers exceptional flexibility and upside potential for investors looking to reposition, expand, or capitalize on Monterey’s strong tourism demand.
Ideally located minutes from top attractions, including the Monterey Bay Aquarium, Fisherman’s Wharf, Del Monte Beach, Cannery Row, and just 1 mile from Monterey Regional Airport. This asset benefits from consistent visitor traffic year-round.
With multiple revenue streams, prime location, and significant growth potential, this is a rare opportunity to acquire a well-positioned hospitality asset in Monterey. The potential here is truly unlimited.
Do not disturb management. Call for details or to schedule a showing: 805-807-1782
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