DAVIS HOTEL CONVERSION OPPORTUNITY | 78 KEYS
The Prodigy Hotel + NNN Retail
Marketing description
The Prodigy Hotel + Retail presents a rare value-add conversion opportunity in Davis, CA. This 3.39-acre property includes a fully operational 78-key hotel (36,108 SF) and 11,108 SF of retail space occupied by Domino's and Sherwin Williams. Built in 1974 and renovated in 2022, the property features direct I-80 frontage with freeway visibility and pylon signage.
Located in supply-constrained Davis, the property offers multiple exit strategies including graduate/workforce/medical housing conversion, extended-stay repositioning, multifamily redevelopment, or continued hotel operation. The hotel's interior corridor design, ~355 SF room sizes, and private bathrooms in every unit make it ideal for residential conversion with minimal structural changes.
The property benefits from proximity to UC Davis campus and UC Davis Health, strong institutional demand validated by adjacent luxury apartments, and CMU zoning allowing mixed-use development. With operating hotel income from day one and significant conversion upside, this represents a unique opportunity in one of California's most supply-constrained university markets.
Investment highlights
- 3.39 Acres in Supply-Constrained Davis, CA - Two contiguous parcels totaling 147,668 SF — rare large-format land in a California university city where new commercial sites are extremely limited.
- Operating Hotel Income at Close - The Prodigy Hotel is fully operational at purchase, generating revenue from day one while a buyer completes planning, entitlements or conversion work.
- I-80 Frontage & Pylon Signage - Freeway-visible location with direct Chiles Rd / Richards Blvd interchange access and existing signage infrastructure — critical for hospitality and commercial uses.
- Institutional Neighborhood Validation - Adjacent luxury apartment community confirms institutional demand for high-density residential at this exact location. UC Davis campus and UC Davis Health are both within minutes.
- Multiple Exit Paths - Operate as hotel · Convert to graduate/workforce/medical housing · Redevelop as mixed-use · Reposition under extended-stay flag · Sell parcels independently.
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