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Days Inn by Wyndham Turlock 185 N Tully Rd

67 Room Hotel Turlock, CA 95380 $10,772,772 CAD ($160,788 CAD/Room) 7.76% Cap Rate

Investment Highlights

  • Turnkey Operations - Days Inn was recently renovated in 2023, which included a new roof, upgraded flooring, and refreshed paint throughout the prop
  • Highly Trafficked Area - The property benefits from excellent frontage off the 99-Freeway which sees over 85,000 vehicles per day.
  • Demographics - Turlock, CA is known for its immense agricultural production, further known as the “Heart of the Valley”. Additionally, one of the s
  • Strong Brand Recognition - Days Inn is a well-recognized and respected brand within the Wyndham Hotels & Resorts portfolio, which will attract a lo
  • Potential for Operational Improvement - An existing operator in the STR Market can scale their existing management network and sales team to improv
  • Positive RevPAR Forecast - CoStar analytics forecasts a 6.8% RevPAR increase for Economy & Midscale hotels throughout the submarket by October 2025

Executive Summary

The Days Inn Turlock, CA is a legacy asset that has maintained a privately held status for the past 30 years. The hotel has been meticulously maintained and operated by a management team.
Turlock, being one of the most dominant MSAs along the 99 corridor, presents a significant opportunity for an experienced operator to capitalize on the in-place revenue, while creating value in reducing operational expenses.
The property consists of 20 double queen and 47 single queen rooms spread across ±26,602 SF of building area. The 1.82-acre parcel provides ample parking for RV’s and work trucks.
The property’s room revenue presents stability and strong customer satisfaction within the comp set with 2024 RevPAR index at 129% and Occupancy MPI at 139.7%. Both statistics remain constant with property averages dating back to 2021 and are forecasted to improve throughout the next 48 months.
The property is currently non-owner operated, which presents an additional opportunity for a local operator to scale costs across their local portfolio or capitalize on implementing a more entrepreneurial business plan to increase NOI margin in one of California’s strongest performing markets.
Broker of Record
David Harrington
License No. 02168060 (CA)

Data Room Click Here to Access

Property Facts

Price $10,772,772 CAD
Price Per Room $160,788 CAD
Sale Type Investment
Cap Rate 7.76%
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.82 AC
Building Size 26,602 SF
No. Rooms 67
No. Stories 2
Year Built/Renovated 1978/2023
Tenancy Single
Parking Ratio 3.01/1,000 SF
Corridor Exterior

Amenities

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 67 $143.16 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
089-15-07
Land Assessment
$871,108 CAD
Improvements Assessment
$1,640,685 CAD
Total Assessment
$2,511,792 CAD

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 33718638

  • Date on Market: 2024-11-01

  • Last Updated:

  • Address: 185 N Tully Rd, Turlock, CA 95380

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