1368 N McDowell Blvd - Hospitality FOR SALE


Petaluma, CA 94954- Greater Petaluma
$14,000,000 USD
510-304-8077
1368 N McDowell Blvd, Petaluma, CA for Sale
$14,000,000 USD
Hospitality - FOR SALE
1/11
null | 6.07% Cap Rate

1368 N McDowell Blvd
Petaluma, CA 94954
Greater Petaluma


HIGHLIGHTS

  • Well-situated Petaluma Motel Asset
  • Potential Multifamily Conversion
  • Convenient Amenities
  • Abundant Local Attractions and Amenities
  • Convenient Access to Major Transportation Corridors

OVERVIEW

1368 N McDowell Blvd is an exceptional 122-room motel located in the thriving city of Petaluma, CA. Situated on an expansive 2.59 acre parcel of land, the subject property was originally constructed in 1983 and features approximately 81,682 square feet of living area. The subject property offers 122 rooms with convenient on-site amenities such as dedicated private parking, on-site laundry, and a sunny community pool. Petaluma offers a unique blend of small-town charm and economic stability, long celebrated as the “Egg Basket of the World” and now known for its vibrant food scene with an abundance of eateries and award-winning restaurants. Residents enjoy convenient access to major local employers, including Amy’s Kitchen, Petaluma Valley Hospital, Clover Sonoma, Labcon, Lagunitas Brewing, and the Petaluma School District, supporting steady rental demand. The property is also well-positioned near U.S. Highway 101 and California State Route 37, providing efficient connectivity throughout Sonoma, Marin, and the greater Bay Area. The investment appeal of this asset is driven by Petaluma's low vacancy levels and strong employment fundamentals. With a world-class location in the heart of Sonoma County, 1368 N McDowell Blvd presents an attractive choice for residents due to its close proximity to major employers, transportation corridors, and lifestyle amenities.

FOR SALE DETAILS

PRICE

$14,000,000 USD

PRICE/SF

$171 USD /SF

# OF ROOMS

121

PRICE/ROOM

$115,702 {currency}

CAP RATE

6.07%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 by Wyndham Petaluma

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1983

PARKING SPACES

134

LAND DETAILS

LAND ACRES

2.59 AC

LAND SF

112,820 SF

ZONING

CITYPE

APN/PARCEL ID

137-011-015

ASK ABOUT THIS PROPERTY

Robert JohnstonLevin JohnstonMore Info
510-304-8077

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Robert JohnstonLevin JohnstonMore Info
510-304-8077

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