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Executive Summary
Call for offers date: May 13th 2026
CBRE Hotels is pleased to present the opportunity to acquire the fee-simple interest in the 90-room Courtyard by Marriott and 78-room Residence Inn by Marriott (the “Hotels,” “Portfolio,” or “Properties”), a strategically located and well-performing dual-branded hotel portfolio in Chico, California.
The offering presents an exceptional opportunity to acquire two premium branded hotels located in a unique university town market in Northern California. The Properties boast exceptional visibility from California State Route 99, with great connectivity to Sacramento. They are fully unencumbered of management and feature several value-add opportunities that will further enhance long-term operating performance.
CBRE Hotels is pleased to present the opportunity to acquire the fee-simple interest in the 90-room Courtyard by Marriott and 78-room Residence Inn by Marriott (the “Hotels,” “Portfolio,” or “Properties”), a strategically located and well-performing dual-branded hotel portfolio in Chico, California.
The offering presents an exceptional opportunity to acquire two premium branded hotels located in a unique university town market in Northern California. The Properties boast exceptional visibility from California State Route 99, with great connectivity to Sacramento. They are fully unencumbered of management and feature several value-add opportunities that will further enhance long-term operating performance.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 156,144 SF |
| Number of Properties | 2 | Total Land Area | 7.76 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 156,144 SF |
| Total Land Area | 7.76 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Residence Inn by Marriott Chico
2485 Carmichael Dr, Chico, CA 95928 |
Hospitality | 104,673 SF | 2005 | - |
|
Courtyard Chico
2481 Carmichael Dr, Chico, CA 95928 |
Hospitality | 51,471 SF | 2005 | - |
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Residence Inn & Courtyard Chico
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