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Econo Lodge Moreno Valley 24412 Sunnymead Blvd

54 Room Hotel Moreno Valley, CA 92553 $10,053,714 CAD ($186,180 CAD/Room)

Executive Summary

FOR SALE: Econo Lodge Hotel - Prime Investment Opportunity in Moreno Valley, CA
Asking Price: $6,999,000
Bldg Size: 20,530 sqft
Property Size: 35,284 sqft
Franchise Agreement: Active through 2029 with 8.5% royalty fees
Property Highlights:
55 Guest Rooms
Annual Gross Income: $1,250,000
Net Income: $400,000 annually before mortgage payment
Operational Opportunity: Underperforming due to mismanagement, leaving room for significant revenue growth with new oversight and strategic upgrades.
Why Invest?
Steady Income Stream: Already generating a solid $1.25M annually with clear potential to increase profits through better management and marketing.
Prime Location:
Situated off the Moreno Valley Freeway with high visibility and accessibility.
Walking distance to budget-friendly dining and less than a mile from Sunnymead Park.
Close to shopping, entertainment, and outdoor recreation.
Scalable Potential:
Renovate and reposition the property to attract a broader clientele.
Maximize occupancy rates and operational efficiency.
Guest-Friendly Features:
This pet-friendly Econo Lodge® is known for its convenience and affordability, offering:
Comfortable accommodations ideal for both leisure and business travelers.
A strategic location that appeals to travelers looking for budget-conscious yet convenient stays.
Growth Potential:
With experienced leadership and targeted investment, this property offers substantial room for revenue growth, making it a high-value addition to your portfolio.
Don’t miss this opportunity to own a profitable hotel in a growing area!
For more details or to schedule a tour, contact us today!
Please do not speak to anyone at this location!!!
Please Provide signed NDA and Proof of Funds for more Information

Property Facts

Price $10,053,714 CAD
Price Per Room $186,180 CAD
Sale Type Investment
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 0.81 AC
Building Size 20,530 SF
No. Rooms 54
No. Stories 2
Year Built 1987
Tenancy Single
Parking Ratio 2.92/1,000 SF
Corridor Exterior
Opportunity Zone Yes

Amenities

  • Pool

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 $170.94 CAD -
Guest Room 52 $124.97 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
481-101-040
Land Assessment
$1,359,041 CAD
Improvements Assessment
$5,570,533 CAD
Total Assessment
$6,929,574 CAD

zoning

Zoning Code C1
C1
  • Listing ID: 34373323

  • Date on Market: 2025-01-04

  • Last Updated:

  • Address: 24412 Sunnymead Blvd, Moreno Valley, CA 92553

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