1525 McHenry Ave - Hospitality FOR SALE


Modesto, CA 95350- Northwest Modesto
$9,440,000 USD
949-287-5854
1525 McHenry Ave, Modesto, CA for Sale
$9,440,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

1525 McHenry Ave
Modesto, CA 95350
Northwest Modesto


HIGHLIGHTS

  • Turnkey, Fully Renovated Asset – Completed in 2022, the property underwent a full down-to-the-studs renovation totaling over $4.4 million.
  • Institutional-Grade Brand Affiliation – Flagged as a Ramada by Wyndham, the property benefits from affiliation with a globally recognized brand
  • High-Visibility Location with Strong Demand Drivers – Located on McHenry Avenue, a key commercial corridor with ±34,000 vehicles per day
  • Operational Upside with Continued Stabilization – Now in its fourth full year post-redevelopment, the asset remains in stabilization.
  • Robust Demographic and Economic Context – Positioned in Modesto at the heart of California’s Central Valley
  • 2025 Revenue: $2,000,000 | Stabilized Revenue $2,500,000

OVERVIEW

Ryan Kawai Sanchez and Mitchell Glasson of Matthews™ are pleased to present the exclusive listing for the Ramada Modesto. This 91-key asset underwent a comprehensive brand conversion completed in 2022 and has since achieved approximately 70% stabilization. The property represents a compelling investment opportunity for a local or regional owner-operator to capture the remaining operational upside. Offered at a significantly below-market basis of $103,700 per key, the Ramada Modesto is positioned for immediate equity growth. Despite the recent renovations, the hotel’s 2025 RevPAR index sits just below 70%, trailing a comp set largely comprised of inferior properties. This performance gap highlights a clear opportunity for a hands-on manager to implement aggressive sales strategies, improve online reputation, and reclaim market share from aging competitors. Do not contact staff employees or visit the property without a scheduled tour date. Broker of Record David Harrington Firm # 02168060 (CA) License # 01320460 (CA) Matthews Real Estate Investment Services, Inc 2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245 (866) 889-0550

FOR SALE DETAILS

PRICE

$9,440,000 USD

PRICE/SF

$241 USD /SF

# OF ROOMS

91

PRICE/ROOM

$103,736 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ramada Modesto

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.88 AC

LAND SF

81,893 SF

ZONING

C-3, Modesto

APN/PARCEL ID

119-06-42

ASK ABOUT THIS PROPERTY

Ryan Kawai SanchezMatthews Real Estate Investment ServicesMore Info
949-287-5854

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Ryan Kawai SanchezMatthews Real Estate Investment ServicesMore Info
949-287-5854

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