Steven's Motel 8722 N Hwy 99 14 Room Hotel Stockton, CA 95212 $1,500,000 ($107,143/Room) 10.73% Cap Rate

Introducing Stevens Motel, a lucrative investment opportunity located at the Hammer Lane exit off Highway 99 in the desirable Morada neighborhood of Stockton, California. With its prime location and high occupancy rate of 90%, this 14-unit motel is a cash flow generator. The property features a well-maintained fenced yard, providing ample space for storage or future expansion. The motel also includes 17 paved parking spots with ADA spaces for added convenience. Each of the 14 units offers 1 bedroom and 1 bathroom, with five units equipped with full kitchens (all units are plumbed for full kitchens). Additionally, there is a spacious 2 bedroom, 1 1/2 bath manager's apartment on-site. Situated just outside the City of Stockton limits, Stevens Motel benefits from excellent visibility from the Golden State Highway (99). The property also boasts solar power and a commercial water well.
Stockton, the 11th largest city in California, is home to a growing population and is easily accessible via major highways and a deepwater inland port. The city's strategic location, combined with its affordable real estate and logistics hub status, make it an ideal choice for investors. Don't miss out on this incredible opportunity to own Stevens Motel located at the Hammer Lane exit of Highway 99 in the sought-after Morada neighborhood. Contact us now for a Proforma Financial Report and secure your investment in this thriving market.