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Ramada Modesto 1525 McHenry Ave 91 Room Hotel Modesto, CA 95350 $9,440,000 ($103,736/Room)

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Investment Highlights

  • Additional Opportunity: The parking lot (separate parcel) is valued at $750,000 with a 7.20% cap rate and $54,000 NOI.
  • Institutional-Grade Brand Affiliation – Flagged as a Ramada by Wyndham, the property benefits from affiliation with a globally recognized brand
  • Operational Upside with Continued Stabilization – Now in its fourth full year post-redevelopment, the asset remains in stabilization.
  • Turnkey, Fully Renovated Asset – Completed in 2022, the property underwent a full down-to-the-studs renovation totaling over $4.4 million.
  • High-Visibility Location with Strong Demand Drivers – Located on McHenry Avenue, a key commercial corridor with ±34,000 vehicles per day
  • Robust Demographic and Economic Context – Positioned in Modesto at the heart of California’s Central Valley

Executive Summary

Ryan Kawai Sanchez and Mitchell Glasson of Matthews™ are pleased to present the exclusive listing for the Ramada Modesto. This 91-key asset underwent a comprehensive brand conversion completed in 2022 and has since achieved approximately 75% stabilization.
The property represents a compelling investment opportunity for a local or regional owner-operator to capture the remaining operational upside. Offered at a significantly below-market basis of $103,700 per key, the Ramada Modesto is positioned for immediate equity growth.
Despite the recent renovations, the hotel’s 2025 RevPAR index sits just below 70%, trailing a comp set largely comprised of inferior properties. This performance gap highlights a clear opportunity for a hands-on manager to implement aggressive sales strategies, improve online reputation, and reclaim market share from aging competitors.
Offers Deadline: March 5th, 2026
Tour Dates: Contact Agents directly
Do not contact staff employees or visit the property without a scheduled tour date or you will be blackballed from all future on and off market listing opportunities with Matthews.
Broker of Record
David Harrington
Firm # 02168060 (CA)
License # 01320460 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550

Property Facts

Price $9,440,000
Price Per Room $103,736
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.88 AC
Building Size 39,173 SF
No. Rooms 91
No. Stories 2
Year Built/Renovated 1972/2022
Tenancy Single
Parking Ratio 3.96/1,000 SF
Corridor Exterior
Zoning C-3, Modesto

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 3 $182.00 -
Guest Room 88 $151.00 -
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (74)
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
119-06-42
Land Assessment
$1,223,148
Improvements Assessment
$2,511,242
Total Assessment
$3,734,390
  • Listing ID: 39340662

  • Date on Market: 2/5/2026

  • Last Updated:

  • Address: 1525 McHenry Ave, Modesto, CA 95350

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