1526 W Foothill Blvd - Hospitality FOR SALE


Rialto, CA 92376
$1,575,000 USD
818-334-2111
1526 W Foothill Blvd, Rialto, CA for Sale
$1,575,000 USD
Hospitality - FOR SALE
1/12
null | 9.1% Cap Rate

1526 W Foothill Blvd
Rialto, CA 92376


OVERVIEW

12-unit independent motel on historic Route 66. Property has a spacious manager's living quarters with full kitchen, connected to the front desk for ease of operation and management. Each guest room has one parking space in front of the room. With an asking price of $1.575m for 12 keys, the property is offered at approximately $131,250 per key, presenting a compelling entry point for investors seeking a value-add opportunity or a stabilized asset in a high-growth market.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$513 USD /SF

# OF ROOMS

13

PRICE/ROOM

$121,154 {currency}

CAP RATE

9.1%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Route 66 Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1938

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

CR3

APN/PARCEL ID

0243-161-03

ASK ABOUT THIS PROPERTY

Majid RadaeiRad Commercial RealtyMore Info
818-334-2111

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Majid RadaeiRad Commercial RealtyMore Info
818-334-2111

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