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Rio Grove Motel 640 State Highway 12 15 Room Hotel Rio Vista, CA 94571 $3,372,499 CAD ($224,833 CAD/Room) 11.80% Cap Rate
Investment Highlights
- Fully gut renovated, All new finishes
- Adjacent to massive new multi billion dollar development "California Forever" City
Executive Summary
The Rio Grove Motel is a 15-unit hospitality property located in Rio Vista, CA. The property has completed a full renovation, featuring upgraded studio units, a honeymoon suite, and an ADA-compliant room. All units are equipped with new porcelain tile, quartz countertops, and modern Amana HVAC systems. The inclusion of kitchenettes in all rooms allows the property to accommodate both short-term travelers and extended-stay contractors, diversifying the income streams.
Situated directly on State Highway 12, the motel benefits from high visibility and easy access for passing traffic. It is one of only two lodging facilities within a 25-mile radius, reducing direct competition in the immediate area. The location is positioned to serve demand from nearby industrial projects, recreational activities on the Sacramento River, and future regional developments in the Rio Vista area. This asset offers immediate occupancy and operational capability for an investor.
Situated directly on State Highway 12, the motel benefits from high visibility and easy access for passing traffic. It is one of only two lodging facilities within a 25-mile radius, reducing direct competition in the immediate area. The location is positioned to serve demand from nearby industrial projects, recreational activities on the Sacramento River, and future regional developments in the Rio Vista area. This asset offers immediate occupancy and operational capability for an investor.
Data Room Click Here to Access
Financial Summary (Pro Forma - 2027) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$795,855
|
$152.64
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$795,855
|
$152.64
|
| Taxes |
$42,156
|
$8.09
|
| Operating Expenses |
$355,771
|
$68.23
|
| Total Expenses |
$397,927
|
$76.32
|
| Net Operating Income |
$397,927
|
$76.32
|
Financial Summary (Pro Forma - 2027)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $795,855 |
| Annual Per SF | $152.64 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $795,855 |
| Annual Per SF | $152.64 |
| Taxes (CAD) | |
|---|---|
| Annual | $42,156 |
| Annual Per SF | $8.09 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $355,771 |
| Annual Per SF | $68.23 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $397,927 |
| Annual Per SF | $76.32 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $397,927 |
| Annual Per SF | $76.32 |
Property Facts
| Price | $3,372,499 CAD | Lot Size | 0.44 AC |
| Price Per Room | $224,833 CAD | Building Size | 5,214 SF |
| Sale Type | Investment | No. Rooms | 15 |
| Cap Rate | 11.80% | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1954 |
| Property Subtype | Hotel | Parking Ratio | 3.07/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | C-H - Commercial Hospitality | ||
| Price | $3,372,499 CAD |
| Price Per Room | $224,833 CAD |
| Sale Type | Investment |
| Cap Rate | 11.80% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 5,214 SF |
| No. Rooms | 15 |
| No. Stories | 1 |
| Year Built | 1954 |
| Parking Ratio | 3.07/1,000 SF |
| Corridor | Exterior |
| Zoning | C-H - Commercial Hospitality |
Amenities
- Boutique/Lifestyle Hotel
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 15 | $151.42 CAD | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 0178-151-120 | Total Assessment | $405,941 CAD (2025) |
| Land Assessment | $240,251 CAD (2025) | Annual Taxes | $42,156 CAD ($8.09 CAD/SF) |
| Improvements Assessment | $165,690 CAD (2025) | Tax Year | 2027 |
Property Taxes
Parcel Number
0178-151-120
Land Assessment
$240,251 CAD (2025)
Improvements Assessment
$165,690 CAD (2025)
Total Assessment
$405,941 CAD (2025)
Annual Taxes
$42,156 CAD ($8.09 CAD/SF)
Tax Year
2027
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Rio Grove Motel | 640 State Highway 12
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