1720 Sisk Rd - Hospitality FOR SALE


Modesto, CA 95350- Northwest Modesto
$4,650,000 USD
559-307-8296
1720 Sisk Rd, Modesto, CA for Sale
$4,650,000 USD
Hospitality - FOR SALE
1/14
null | Request Cap Rate

1720 Sisk Rd
Modesto, CA 95350
Northwest Modesto


HIGHLIGHTS

  • High visibility
  • High traffic count
  • major thoroughfare

OVERVIEW

Non-operating 126 key hotel with great visibility and potential. Hotel does not have flag. Hotel is on a ground lease that expires in 2065. Lease rate is $35,000 per month. The hotel will need landlord required repair/upgrade, likely around $5,000,000 in improvements. Specifically a new lobby will need to be constructed.

FOR SALE DETAILS

PRICE

$4,650,000 USD

PRICE/SF

$65 USD /SF

# OF ROOMS

94

PRICE/ROOM

$49,468 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Non-operating Hotel—126 keys

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1990

PARKING SPACES

184

LAND DETAILS

LAND ACRES

3.83 AC

LAND SF

166,835 SF

ZONING

P-D

APN/PARCEL ID

005-53-26,005-53-34

ASK ABOUT THIS PROPERTY

Carlos FierroREI GroupMore Info
559-307-8296

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Carlos FierroREI GroupMore Info
559-307-8296

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