Morada Inn 8062 Garden Grove Blvd 125 Room Hotel Garden Grove, CA 92841 $19,747,729 CAD ($157,982 CAD/Room)

Kidder Mathews & Boardwalk Real Estate, Inc. are proud to present the sale of the Morada Inn & Suites, located at 8062 Garden Grove Blvd, Garden Grove CA 92844. This well maintained, three story, exterior corridor motel features 125 guest rooms (with an additional 5 rooms for management and ownership) and is independently operated. It is strategically positioned right off Highway 22, at the intersection of Garden Grove Blvd & Beach Blvd providing excellent visibility and accessibility for travelers. Additionally, there is prominent freeway signage at the Beach Blvd exit off of Highway 22, maximizing exposure to the heavy traffic flow in the area. The property features guest rooms, the lobby and check in area, guest laundry, back of house laundry room, staff break rooms, maintenance rooms, and storage rooms.
The Morada Inn has undergone a full renovation completed in 2024, ensuring updated interiors that appeal to both leisure and business guests. The property offers ample parking surrounding the motel, with a secure and gated lot dedicated to employees. The trade area has limited new construction for competitive projects, limiting future competiton. This is a rare opportunity to acquire a well-positioned hospitality asset in a high-demand market. With its recent renovations, strategic locatiion, and proximity to major attrations, the Morada Inn offers tremendous potential for investors looking to capitalize on Southern California's thriving tourism and hospitality industry.