2111 Whitley Ave - Hospitality FOR SALE


Corcoran, CA 93212
$2,295,000 USD
559-362-6554
2111 Whitley Ave, Corcoran, CA for Sale
$2,295,000 USD
Hospitality - FOR SALE
1/39
null | 8.9% Cap Rate

2111 Whitley Ave
Corcoran, CA 93212


HIGHLIGHTS

  • Newly Renovated
  • Security Gate
  • 9/10 rating with 1,000 across six review platforms
  • Space on the lot to add up to 10 additional units
  • Manager apartment on premises
  • Turnkey and Franchise conversion ready for national flag

OVERVIEW

Investment opportunity, Turnkey 27-unit motel in Corcoran, California, offered at $2,295,000, an 8.9% capitalization rate on in-place income. The Corcoran Country Inn pairs three things that rarely appear together at this price: strong current cash flow, recent capital already invested, and clear, buyer-controlled paths to grow. The property has been substantially renovated over the past four to five years and carries a 9.0 out of 10 guest rating across nearly 1,000 reviews on eight booking platforms. Recent capital improvements include new plumbing, new bathtubs, a newly renovated front office and manager's apartment, and a secured, gated property. That work is already done, which means a new owner steps into a clean, well-reviewed asset rather than a deferred-maintenance project. The Inn operates on a mostly direct and repeat guest base, supported by steady institutional, correctional, and agricultural demand across the Central Valley. That mix keeps online-travel commissions low and supports steady occupancy through the year. On-site amenities include a seasonal outdoor pool, complimentary breakfast, free WiFi and parking, and a 24-hour front desk. The offering includes 27 units, one of which is currently configured as a newly renovated manager's apartment and converts back to a rentable guest room at the buyer's discretion. Priced at $85,000 per key, the offering reflects both the operating business and the underlying real estate, with meaningful upside a buyer can choose to capture. Detailed financials, including a recast operating statement, are available to qualified buyers upon execution of a confidentiality agreement.

FOR SALE DETAILS

PRICE

$2,295,000 USD

PRICE/SF

$208 USD /SF

# OF ROOMS

27

PRICE/ROOM

$85,000 {currency}

CAP RATE

8.9%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Corcoran Country Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1984

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

CS

APN/PARCEL ID

034-150-056-000

ASK ABOUT THIS PROPERTY

JDee MooreRealty One Group ActionMore Info
559-362-6554

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JDee MooreRealty One Group ActionMore Info
559-362-6554

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