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1590 University Ave
Riverside, CA 92507
Quality Inn Riverside · Hospitality Property For Sale
·
40,000 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1988/2017 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.21 AC | Parking Ratio | 3.38/1,000 SF |
| Building Size | 40,000 SF | Corridor | Exterior |
| Zoning | C2/SP, Riverside | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.21 AC |
| Building Size | 40,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1988/2017 |
| Tenancy | Single |
| Parking Ratio | 3.38/1,000 SF |
| Corridor | Exterior |
| Zoning | C2/SP, Riverside |
AMENITIES
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ABOUT 1590 UNIVERSITY AVE , RIVERSIDE, CA 92507
This property is located 3 blocks from UC Riverside and 2 miles from Downtown Riverside. Easy access from freeways and to other local cites, activities and attractions like Riverside Municipal Auditorium, Riverside Convention Center and March Air Force Base. Several restaurants are within walking distance of hotel. City is continuing to grow with construction of new food hall downtown and Air Research Board Facility down the street from hotel. Guest rooms were renovated in 2017 and hotel is in good standing with franchise. No major PIP requirements expected. Case goods, carpet, and lighting were all replaced in renovation. Lobby was partially renovated earlier this year. Property is two stories and has 1 large meeting space (1,100 sq. ft.) and 1 small boardroom (270 sq. ft.) for additional revenue.
PROPERTY TAXES
| Parcel Number | 253-020-011 | Improvements Assessment | $10,901,678 |
| Land Assessment | $3,576,267 | Total Assessment | $14,477,945 |
PROPERTY TAXES
