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Premier Inn Concord 1581 Concord Ave 136 Room Hotel Concord, CA 94520 $16,299,549 CAD ($119,850 CAD/Room)
Investment Highlights
- 3.8x Room Revenue | 136 Units
- T-12 Room Revenue as of March 2026: $3,085,168
- Less than a Mile from Six Flags Hurricane Harbor and Concord Medical Center
- Motivated Seller | Price Reduced by $3M
- Prime Bay Area Location offering Convenient Access to San Francisco, Oakland, Napa, and Silicon Valley
- Absentee Corporate Ownership - Significant Opportunity for Revenue Growth
Executive Summary
The Premier Inn is a 136-unit independent hotel located in Concord, CA, in the heart of the East Bay.
Ideally situated just off California State Route 242, the property benefits from high visibility, with over 200,000 vehicles passing daily. It is conveniently close to numerous restaurants, Six Flags Hurricane Harbor, and Concord Medical Center. As the most populous city in Contra Costa County, Concord serves as a strategic hub for exploring the wider Bay Area, offering easy access to San Francisco, Oakland, Napa, and Silicon Valley.
Currently owned and operated by long-time corporate owners based outside the area, the hotel presents a significant opportunity for new ownership to enhance revenue through updated sales and operational strategies. The property will be delivered unencumbered by brand, allowing for a variety of flag options.
The San Francisco Bay Area is a global center of innovation and economic influence, home to major corporations such as Apple, Google, Meta, and Tesla, as well as thriving biotech and clean energy industries. With a GDP exceeding $1 trillion, the region attracts millions of visitors annually to renowned destinations like the Golden Gate Bridge, Alcatraz, and Napa Valley, further driving economic growth.
Ideally situated just off California State Route 242, the property benefits from high visibility, with over 200,000 vehicles passing daily. It is conveniently close to numerous restaurants, Six Flags Hurricane Harbor, and Concord Medical Center. As the most populous city in Contra Costa County, Concord serves as a strategic hub for exploring the wider Bay Area, offering easy access to San Francisco, Oakland, Napa, and Silicon Valley.
Currently owned and operated by long-time corporate owners based outside the area, the hotel presents a significant opportunity for new ownership to enhance revenue through updated sales and operational strategies. The property will be delivered unencumbered by brand, allowing for a variety of flag options.
The San Francisco Bay Area is a global center of innovation and economic influence, home to major corporations such as Apple, Google, Meta, and Tesla, as well as thriving biotech and clean energy industries. With a GDP exceeding $1 trillion, the region attracts millions of visitors annually to renowned destinations like the Golden Gate Bridge, Alcatraz, and Napa Valley, further driving economic growth.
Property Facts
| Price | $16,299,549 CAD | Building Size | 59,886 SF |
| Price Per Room | $119,850 CAD | No. Rooms | 136 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1983 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 2/1,000 SF |
| Lot Size | 3.33 AC | Corridor | Exterior |
| Zoning | DB | ||
| Price | $16,299,549 CAD |
| Price Per Room | $119,850 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.33 AC |
| Building Size | 59,886 SF |
| No. Rooms | 136 |
| No. Stories | 2 |
| Year Built | 1983 |
| Tenancy | Single |
| Parking Ratio | 2/1,000 SF |
| Corridor | Exterior |
| Zoning | DB |
Amenities
- Pool
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 136 | $75.33 CAD | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 112-101-030-8 | Improvements Assessment | $8,217,035 CAD |
| Land Assessment | $2,585,272 CAD | Total Assessment | $10,802,307 CAD |
Property Taxes
Parcel Number
112-101-030-8
Land Assessment
$2,585,272 CAD
Improvements Assessment
$8,217,035 CAD
Total Assessment
$10,802,307 CAD
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Premier Inn Concord | 1581 Concord Ave
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