Route 66 Motel
Hospitality | 12 Keys | $131,250/key
Marketing description
12-unit independent motel on historic Route 66. Property has a spacious manager's living quarters with full kitchen, connected to the front desk for ease of operation and management. Each guest room has one parking space in front of the room. With an asking price of $1.575m for 12 keys, the property is offered at approximately $131,250 per key, presenting a compelling entry point for investors seeking a value-add opportunity or a stabilized asset in a high-growth market. This is a relatively low investment opportunity for a new owner/operator to come in and implement their own management style, systems, marketing and sales efforts, rate-yield manage on OTA's including Booking, Expedia, etc...these items are not implemented at the property currently creating a lucrative, high-return opportunity for an experienced hotel/motel operator.
Investment highlights
The Route 66 Motel at 1526 W. Foothill Blvd. benefits from a strategic location within Rialto, a rapidly developing city in the heart of the Inland Empire. Positioned along the historic Route 66 and with immediate access to the I-210 Freeway, the property capitalizes on both local and regional traffic flow. This corridor is characterized by significant commercial and industrial growth, driven by its logistical advantages and expanding population base. The area's robust economic activity, particularly in e-commerce and distribution, generates consistent demand for transient lodging from business travelers, contractors, and long-haul truckers.
The immediate vicinity offers a diverse array of amenities, including major retail destinations like the Renaissance Marketplace and essential services, ensuring guest convenience. The presence of large-scale employers such as Amazon and numerous companies within Goodman Commerce Center creates a strong corporate lodging segment. Furthermore, the property's accessibility to major transportation arteries and proximity to educational and healthcare institutions enhance its appeal to a broader spectrum of travelers, from visiting families to medical professionals. The ongoing development and investment in Rialto underscore the long-term growth potential and stability of this submarket.
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