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640 State Highway 12
Rio Vista, CA 94571
Rio Grove Motel · Hospitality Property For Sale
·
15 Rooms
Investment Highlights
- Fully gut renovated, All new finishes
- Adjacent to massive new multi billion dollar development "California Forever" City
Executive Summary
The Rio Grove Motel is a 15-unit hospitality property located in Rio Vista, CA. The property has completed a full renovation, featuring upgraded studio units, a honeymoon suite, and an ADA-compliant room. All units are equipped with new porcelain tile, quartz countertops, and modern Amana HVAC systems. The inclusion of kitchenettes in all rooms allows the property to accommodate both short-term travelers and extended-stay contractors, diversifying the income streams.
Situated directly on State Highway 12, the motel benefits from high visibility and easy access for passing traffic. It is one of only two lodging facilities within a 25-mile radius, reducing direct competition in the immediate area. The location is positioned to serve demand from nearby industrial projects, recreational activities on the Sacramento River, and future regional developments in the Rio Vista area. This asset offers immediate occupancy and operational capability for an investor.
Situated directly on State Highway 12, the motel benefits from high visibility and easy access for passing traffic. It is one of only two lodging facilities within a 25-mile radius, reducing direct competition in the immediate area. The location is positioned to serve demand from nearby industrial projects, recreational activities on the Sacramento River, and future regional developments in the Rio Vista area. This asset offers immediate occupancy and operational capability for an investor.
Property Facts
| Price Per Room | $163,333 | Building Size | 5,214 SF |
| Sale Type | Investment | No. Rooms | 15 |
| Cap Rate | 11.80% | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1954 |
| Property Subtype | Hotel | Parking Ratio | 3.07/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.44 AC | ||
| Zoning | C-H - Commercial Hospitality | ||
| Price Per Room | $163,333 |
| Sale Type | Investment |
| Cap Rate | 11.80% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 5,214 SF |
| No. Rooms | 15 |
| No. Stories | 1 |
| Year Built | 1954 |
| Parking Ratio | 3.07/1,000 SF |
| Corridor | Exterior |
| Zoning | C-H - Commercial Hospitality |
Amenities
- Boutique/Lifestyle Hotel
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 15 | $110.00 | - |
Property Taxes
| Parcel Number | 0178-151-120 | Improvements Assessment | $122,584 |
| Land Assessment | $177,748 | Total Assessment | $300,332 |
Property Taxes
Parcel Number
0178-151-120
Land Assessment
$177,748
Improvements Assessment
$122,584
Total Assessment
$300,332
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