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Dream Inn 2425 E Merced St 50 Room Hotel Fresno, CA 93721 $6,400,000 ($128,000/Room)
INVESTMENT HIGHLIGHTS
- Room and Subway Restaurant Revenue Has Increased Annually Since 2022
- Significant Upside with On-Site Subway Restaurant
- Minutes to Fresno City Hall and Veterans Memorial Museum
- Well-Maintained Property | Minimal PIP Required
- Less Than a Mile from Community Regional Medical Center, Home to Central California's Highest Level of Care
- Short Drive to California State University, Fresno (25k+ Enrollment)
EXECUTIVE SUMMARY
Property Tours
Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers.
Marcus & Millichap has been chosen to exclusively market for sale the Dream Inn, a two-story full service hotel located in Fresno, California. The hotel's 50 guest rooms include a flat-screen TV, work desk, refrigerator, microwave and coffee maker. The hotel offers several amenities including an on-site Subway Restaurant, an outdoor pool and guest laundry facilities.
The on-site Subway restaurant is fully owned, and the new owner will acquire both the Subway and the hotel.
The hotel is well located within walking distance to Fresno City Hall and the Community Regional Medical Center.
The Dream Inn is an opportunity to acquire a hotel in a desirable market near several demand drivers. At a list price of $128,000 per guestroom (including the Subway Restaurant), the property is offered at a price below replacement cost.
The hotel is pre-approved by Choice Hotels to be franchised.
Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers.
Marcus & Millichap has been chosen to exclusively market for sale the Dream Inn, a two-story full service hotel located in Fresno, California. The hotel's 50 guest rooms include a flat-screen TV, work desk, refrigerator, microwave and coffee maker. The hotel offers several amenities including an on-site Subway Restaurant, an outdoor pool and guest laundry facilities.
The on-site Subway restaurant is fully owned, and the new owner will acquire both the Subway and the hotel.
The hotel is well located within walking distance to Fresno City Hall and the Community Regional Medical Center.
The Dream Inn is an opportunity to acquire a hotel in a desirable market near several demand drivers. At a list price of $128,000 per guestroom (including the Subway Restaurant), the property is offered at a price below replacement cost.
The hotel is pre-approved by Choice Hotels to be franchised.
PROPERTY FACTS
| Price | $6,400,000 | No. Rooms | 50 |
| Price Per Room | $128,000 | No. Stories | 2 |
| Sale Type | Investment | Year Built | 1962 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 0.97/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 0.78 AC | Opportunity Zone |
Yes
|
| Building Size | 15,331 SF | ||
| Zoning | C-4 | ||
| Price | $6,400,000 |
| Price Per Room | $128,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.78 AC |
| Building Size | 15,331 SF |
| No. Rooms | 50 |
| No. Stories | 2 |
| Year Built | 1962 |
| Tenancy | Single |
| Parking Ratio | 0.97/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | C-4 |
AMENITIES
- Balcony
- Pool
- Restaurant
- High Speed Internet Access
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 50 | $75.00 | - |
1 1
Walk Score®
Very Walkable (87)
Bike Score®
Biker's Paradise (93)
PROPERTY TAXES
| Parcel Number | 466-083-14 | Improvements Assessment | $630,640 |
| Land Assessment | $167,955 | Total Assessment | $798,595 |
PROPERTY TAXES
Parcel Number
466-083-14
Land Assessment
$167,955
Improvements Assessment
$630,640
Total Assessment
$798,595
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Dream Inn | 2425 E Merced St
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