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Econo Lodge Moreno Valley 24412 Sunnymead Blvd 54 Room Hotel Moreno Valley, CA 92553 $6,549,000 ($121,278/Room)
INVESTMENT HIGHLIGHTS
- 24412 Sunnymead Boulevard is home to Econo Lodge Moreno Valley, a 54-key choice hotel.
- An investor's opportunity to join the profitable Choice hotel franchise and implement upside via operational improvements.
- The hotel's strategic location appeals to travelers looking for budget-conscious yet convenient stays.
- For more information, please provide a signed NDA and Proof of Funds.
EXECUTIVE SUMMARY
Investors are presented with operational upside opportunities. The underperforming hotel is due to mismanagement, leaving room for significant revenue growth with new oversight and strategic upgrades. With the hotel already seeing a steady income stream of $1.25M annually, there is clear potential to increase profits through revised management and marketing. Renovate and reposition the property to attract a broader clientele, while also maximizing occupancy rates and operational efficiency.
Econo Lodge Moreno Valley is situated off the Moreno Valley Freeway, which makes it highly visible and accessible. It is within walking distance of budget-friendly dining and less than a mile from Sunnymead Park. It is also close to shopping, entertainment, and outdoor recreation. This pet-friendly Econo Lodge® is known for its convenience and affordability, offering comfortable accommodations ideal for both leisure and business travelers. The hotel's strategic location appeals to travelers looking for budget-conscious yet convenient stays.
The Choice Franchise Agreement is active through 2029 with 8.5% royalty fees.
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.
Contact us today for more details or to schedule a tour. Please do not inquire on-site without listing brokers present. For more information, please provide a signed NDA and Proof of Funds.
PROPERTY FACTS
AMENITIES
- Pool
ABOUT 24412 SUNNYMEAD BLVD , MORENO VALLEY, CA 92553
24412 Sunnymead Boulevard is home to Econo Lodge Moreno Valley, a 54-key choice hotel. Situated just off Moreno Valley Freeway, it's an easy stop on the road. Several budget-friendly restaurants are within walking distance, and Sunnymead Park is less than a mile away. A short drive opens up even more dining, shopping, entertainment, and outdoor recreation options. Hotel amenities are convenient for business and leisure travelers alike as there is meeting space, a business center, and free Wi-Fi. Guests also enjoy the outdoor pool and sundeck. All standard rooms provide the basics, and suites offer extras with separate living rooms, tables and chairs, sofa beds, and hot tubs. All guest rooms have cozy beds, refreshing showers, work desks, flat-screen TVs, in-room refrigerators, microwaves, coffee makers, and hair dryers.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | $119.00 | - |
| Guest Room | 52 | $87.00 | - |
PROPERTY TAXES
| Parcel Number | 481-101-040 | Improvements Assessment | $4,023,675 |
| Land Assessment | $981,654 | Total Assessment | $5,005,329 |
PROPERTY TAXES
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Econo Lodge Moreno Valley | 24412 Sunnymead Blvd
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