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Econo Lodge Moreno Valley 24412 Sunnymead Blvd 54 Room Hotel Moreno Valley, CA 92553 $9,141,880 CAD ($169,294 CAD/Room)

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INVESTMENT HIGHLIGHTS

  • 24412 Sunnymead Boulevard is home to Econo Lodge Moreno Valley, a 54-key choice hotel.
  • An investor's opportunity to join the profitable Choice hotel franchise and implement upside via operational improvements.
  • The hotel's strategic location appeals to travelers looking for budget-conscious yet convenient stays.
  • For more information, please provide a signed NDA and Proof of Funds.

EXECUTIVE SUMMARY

The Econo Lodge Moreno Valley Hotel is pleased to be presented to the market as a prime investment opportunity. The 54-key Choice hotel spans 20,530 square feet on a 35,284-square-foot Commercial zoned parcel. The hotel generates an annual gross income of $1,250,000 and an annual net income of $400,000 before Mortgage payment.

Investors are presented with operational upside opportunities. The underperforming hotel is due to mismanagement, leaving room for significant revenue growth with new oversight and strategic upgrades. With the hotel already seeing a steady income stream of $1.25M annually, there is clear potential to increase profits through revised management and marketing. Renovate and reposition the property to attract a broader clientele, while also maximizing occupancy rates and operational efficiency.

Econo Lodge Moreno Valley is situated off the Moreno Valley Freeway, which makes it highly visible and accessible. It is within walking distance of budget-friendly dining and less than a mile from Sunnymead Park. It is also close to shopping, entertainment, and outdoor recreation. This pet-friendly Econo Lodge® is known for its convenience and affordability, offering comfortable accommodations ideal for both leisure and business travelers. The hotel's strategic location appeals to travelers looking for budget-conscious yet convenient stays.

The Choice Franchise Agreement is active through 2029 with 8.5% royalty fees.

With experienced leadership and targeted investment, this property offers substantial room for revenue growth, making it a high-value addition to your portfolio. Don’t miss this opportunity to own a profitable hotel in a growing area.

Contact us today for more details or to schedule a tour. Please do not inquire on-site without listing brokers present. For more information, please provide a signed NDA and Proof of Funds.

PROPERTY FACTS

Price $9,141,880 CAD
Price Per Room $169,294 CAD
Sale Type Investment
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 0.81 AC
Building Size 20,530 SF
No. Rooms 54
No. Stories 2
Year Built 1987
Tenancy Single
Parking Ratio 2.92/1,000 SF
Corridor Exterior
Opportunity Zone Yes
Zoning C1 - Commercial

AMENITIES

  • Pool

ABOUT 24412 SUNNYMEAD BLVD , MORENO VALLEY, CA 92553

24412 Sunnymead Boulevard is home to Econo Lodge Moreno Valley, a 54-key choice hotel. Situated just off Moreno Valley Freeway, it's an easy stop on the road. Several budget-friendly restaurants are within walking distance, and Sunnymead Park is less than a mile away. A short drive opens up even more dining, shopping, entertainment, and outdoor recreation options. Hotel amenities are convenient for business and leisure travelers alike as there is meeting space, a business center, and free Wi-Fi. Guests also enjoy the outdoor pool and sundeck. All standard rooms provide the basics, and suites offer extras with separate living rooms, tables and chairs, sofa beds, and hot tubs. All guest rooms have cozy beds, refreshing showers, work desks, flat-screen TVs, in-room refrigerators, microwaves, coffee makers, and hair dryers.

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 2 $166.11 CAD -
Guest Room 52 $121.45 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
481-101-040
Land Assessment
$1,378,007 CAD
Improvements Assessment
$5,648,274 CAD
Total Assessment
$7,026,280 CAD
  • Listing ID: 34373323

  • Date on Market: 2025-01-04

  • Last Updated:

  • Address: 24412 Sunnymead Blvd, Moreno Valley, CA 92553

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