1215 R St - Hospitality FOR SALE


Merced, CA 95341
$9,600,000 USD
909-612-2611
1215 R St, Merced, CA for Sale
$9,600,000 USD
Hospitality - FOR SALE
1/16
null | 6.49% Cap Rate

1215 R St
Merced, CA 95341


HIGHLIGHTS

  • Fully Upgraded - Strong performing asset in the growing Central CA market with consistent demand drivers
  • HWY 99 Location – close proximity to Merced Regional Airport & Merced Train Station – Future CA High-Speed Rail hub
  • Consistent occupancy demand - Advance Yosemite tour group bookings
  • Minutes to University of California, Merced – new medical center
  • Additional demand drivers - Merced Fairgrounds, Museums & Zoo
  • Extremely motivated seller - will consider any/all reasonable offers!

OVERVIEW

The Days Inn (Merced, CA) features refreshed guestrooms and interiors following extensive renovations completed in 2020–2021 — including room repairs, all plumbing, upgraded HVAC units, a rebuilt lobby, new door locks, parking lot resurfacing, and exterior repainting. Also updated flooring, case goods and FF&E throughout the property for DAWN PIP in 2024-2026. These improvements enhance the guest experience while reducing near-term capital needs. Conveniently located just off HWY 99, the hotel attracts Yosemite-bound travelers and visitors to UC Merced. It also benefits from proximity to the local medical center, regional airport & the Merced Train Station -future northern hub of the California High-Speed Rail — positioning the asset for long-term demand growth.

FOR SALE DETAILS

PRICE

$9,600,000 USD

PRICE/SF

$456 USD /SF

# OF ROOMS

74

PRICE/ROOM

$129,730 {currency}

CAP RATE

6.49%

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Days Inn by Wyndham Merced/Yosemite Area

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

N/Av, Merced

APN/PARCEL ID

031-291-012

ASK ABOUT THIS PROPERTY

Sam MazumderColliersMore Info
909-612-2611

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Sam MazumderColliersMore Info
909-612-2611

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.