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Travel Inn 444 W MacArthur Blvd 40 Room Hotel Oakland, CA 94609 $8,500,000 ($212,500/Room)
INVESTMENT HIGHLIGHTS
- Owner/User Opportunity on ±.48 Acres.
- Well-maintained building.
- Expansive Manager’s suite & 9 storage units
- 40 guest rooms.
EXECUTIVE SUMMARY
The property is a 40-room hospitality-oriented commercial real estate asset located at 436-444 MacArthur Blvd in Oakland, California. In addition to the guest rooms the property host a separate guest reception space, multiple storage spaces and onsite laundry room. Built in 1958, this structure spans a total building area of 14,625 square feet, sitting on a 21,175 square-foot parcel of land. Although built in 1958, the property has undergone multiple upgrades and receives programmed and regular maintenance. The property is zoned Neighborhood Commercial and is currently utilized for hospitality purposes, presenting a flexible investment opportunity with potential for redevelopment into mixed-use or government-contracted housing under its highest and best use.
PROPERTY FACTS
| Price | $8,500,000 | Building Size | 14,625 SF |
| Price Per Room | $212,500 | No. Rooms | 40 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1954 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 0.53/1,000 SF |
| Lot Size | 0.49 AC | Corridor | Exterior |
| Zoning | CN-3 - Neighborhood Commercial | ||
| Price | $8,500,000 |
| Price Per Room | $212,500 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.49 AC |
| Building Size | 14,625 SF |
| No. Rooms | 40 |
| No. Stories | 2 |
| Year Built | 1954 |
| Tenancy | Single |
| Parking Ratio | 0.53/1,000 SF |
| Corridor | Exterior |
| Zoning | CN-3 - Neighborhood Commercial |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 40 | $162.00 | - |
Walk Score®
Walker's Paradise (90)
Transit Score®
Excellent Transit (73)
Bike Score®
Biker's Paradise (98)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,734,074 | |
| Land Assessment | $1,093,629 | Total Assessment | $3,971,858 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,093,629
Improvements Assessment
$2,734,074
Total Assessment
$3,971,858
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Travel Inn | 444 W MacArthur Blvd
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