Budget Inn 3721 Watt Ave 27 Room Hotel Sacramento, CA 95821 $4,300,000 ($159,259/Room)
EXECUTIVE SUMMARY
This motel is independently owned.
This unique property, set on a generous 1.7-acre lot, offers versatility and substantial income growth potential. Strategically located at the corner of Edison and Watt Avenue, just three blocks from Highway 80, this 27-room motel is an ideal opportunity for owner-operators, hospitality investors, or developers seeking redevelopment opportunities.
This unique property, set on a generous 1.7-acre lot, offers versatility and substantial income growth potential. Strategically located at the corner of Edison and Watt Avenue, just three blocks from Highway 80, this 27-room motel is an ideal opportunity for owner-operators, hospitality investors, or developers seeking redevelopment opportunities.
PROPERTY FACTS
| Price | $4,300,000 |
| Price Per Room | $159,259 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.70 AC |
| Building Size | 11,400 SF |
| No. Rooms | 27 |
| No. Stories | 1 |
| Year Built | 1951 |
| Tenancy | Single |
| Parking Ratio | 3.07/1,000 SF |
| Corridor | Exterior |
| Zoning | RD30, Sacramento Co - RD-30 Zone(30 multi units per acre). |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 27 | $58.00 | - |
1 of 1
Bike Score®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $456,607 | |
| Land Assessment | $360,528 | Total Assessment | $817,135 |
