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Investment Highlights

  • Midscale Flag in a Supply-Constrained Market — Best Western is one of the most recognized midscale brands globally
  • Renovated Asset, Minimal Near-Term Capital Exposure — Originally built in 1992, the property has been meticulously maintained
  • Outperforming on RevPAR Relative to Class — Despite carrying a higher ADR ($148.73 in 2025) than the broader Tulare/Visalia Midscale
  • Largest Hotel in the Immediate Porterville Trade Area — At 115 keys, the Best Western Porterville Inn is the dominant hotel in the city
  • Compelling Revenue Trajectory — The property generated $3.43M in room revenue in 2024 and grew to $3.57M in 2025
  • Proven Income Producer / Nearly $1.54M Buyer-Adjusted NOI — The property generated $1.67M in owner’s NOI in 2025.

Executive Summary

Ryan Kawai Sanchez and Mitchell Glasson are pleased to present this exceptional opportunity to acquire the recently renovated 115-room Best Western in Porterville, California. Located along West Montgomery Avenue near Highway 65, the property benefits from proximity to a steady base of corporate and institutional demand, including major local employers such as the Walmart Distribution Center, Sierra View Medical Center, and the Porterville Developmental Center. The hotel also draws consistent leisure and event-driven demand from the nearby Eagle Mountain Casino, as well as visitors traveling to the Giant Sequoia National Monument and Kings Canyon National Park. Additional demand is driven by Porterville’s convenient regional connectivity within the South San Joaquin Valley between Fresno and Bakersfield. Porterville continues to experience stable economic activity supported by a diverse employer base rooted in healthcare, logistics, and agriculture. With limited upper-midscale competition in the immediate area, the Best Western Porterville Inn offers investors an attractive opportunity to capture reliable demand and benefit from the long-term strength of a globally recognized, BWH Hotels-backed brand.
Broker of Record
David Harrington
License # 01320460, 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550

Property Facts

Price $21,916,224 CAD
Price Per Room $190,576 CAD
Sale Type Investment
Cap Rate 9.92%
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.44 AC
Building Size 54,129 SF
No. Rooms 115
No. Stories 3
Year Built/Renovated 1992/2025
Parking Ratio 1.73/1,000 SF
Corridor Interior
Opportunity Zone Yes
Zoning C-3

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 115 $192.30 CAD -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
269-050-050-000
Land Assessment
$2,541,626 CAD
Improvements Assessment
$7,489,322 CAD
Total Assessment
$10,030,948 CAD
  • Listing ID: 40977590

  • Date on Market: 2026-06-18

  • Last Updated:

  • Address: 350 W Montgomery Ave, Porterville, CA 93257

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