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Motel 6 Chico 665 Manzanita Ct

78 Room Hotel Chico, CA 95926 $13,997,516 CAD ($179,455 CAD/Room)

Executive Summary

Investment Opportunity: Motel 6 ChicoAddress: 665 Manzanita Ct, Chico, CA 95926Price: $9,875,000
This 3-story Motel 6, built in 1972, sits on a 1.30-acre lot and features 78 guest rooms. It is zoned for Regional Commercial use and offers a prime location with easy access to Highway 99. The property is close to key attractions like California State University, Chico, downtown Chico, Bidwell Park, and the Sierra Nevada foothills, making it an ideal spot for both leisure and business travelers.
Nearby, guests can find shopping centers, restaurants, and outdoor recreation areas, enhancing the property's appeal. Top local attractions such as Bidwell Mansion State Historic Park and Bidwell Park bring in a wide variety of visitors.
With its strategic location and proximity to popular amenities, Motel 6 Chico represents a solid investment opportunity in one of Northern California's vibrant cities.

Property Facts

Price $13,997,516 CAD
Price Per Room $179,455 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.30 AC
Building Size 30,518 SF
No. Rooms 78
No. Stories 2
Year Built 1972
Tenancy Single
Parking Ratio 2.62/1,000 SF
Corridor Exterior

Amenities

  • Pool

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 78 $111.98 CAD -
Bike Score ®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
006-240-017-000
Land Assessment
$1,596,093 CAD
Improvements Assessment
$6,286,580 CAD
Total Assessment
$7,882,673 CAD

zoning

Zoning Code CITY
CITY
  • Listing ID: 33489829

  • Date on Market: 2024-10-11

  • Last Updated:

  • Address: 665 Manzanita Ct, Chico, CA 95926

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