350 W Montgomery Ave - Hospitality FOR SALE


Porterville, CA 93257
$15,500,000 USD
949-287-5854
350 W Montgomery Ave, Porterville, CA for Sale
$15,500,000 USD
Hospitality - FOR SALE
1/4
null | 9.92% Cap Rate

350 W Montgomery Ave
Porterville, CA 93257


HIGHLIGHTS

  • Midscale Flag in a Supply-Constrained Market — Best Western is one of the most recognized midscale brands globally
  • Largest Hotel in the Immediate Porterville Trade Area — At 115 keys, the Best Western Porterville Inn is the dominant hotel in the city
  • Renovated Asset, Minimal Near-Term Capital Exposure — Originally built in 1992, the property has been meticulously maintained
  • Compelling Revenue Trajectory — The property generated $3.43M in room revenue in 2024 and grew to $3.57M in 2025
  • Outperforming on RevPAR Relative to Class — Despite carrying a higher ADR ($148.73 in 2025) than the broader Tulare/Visalia Midscale
  • Proven Income Producer / Nearly $1.54M Buyer-Adjusted NOI — The property generated $1.67M in owner’s NOI in 2025.

OVERVIEW

Ryan Kawai Sanchez and Mitchell Glasson are pleased to present this exceptional opportunity to acquire the recently renovated 115-room Best Western in Porterville, California. Located along West Montgomery Avenue near Highway 65, the property benefits from proximity to a steady base of corporate and institutional demand, including major local employers such as the Walmart Distribution Center, Sierra View Medical Center, and the Porterville Developmental Center. The hotel also draws consistent leisure and event-driven demand from the nearby Eagle Mountain Casino, as well as visitors traveling to the Giant Sequoia National Monument and Kings Canyon National Park. Additional demand is driven by Porterville’s convenient regional connectivity within the South San Joaquin Valley between Fresno and Bakersfield. Porterville continues to experience stable economic activity supported by a diverse employer base rooted in healthcare, logistics, and agriculture. With limited upper-midscale competition in the immediate area, the Best Western Porterville Inn offers investors an attractive opportunity to capture reliable demand and benefit from the long-term strength of a globally recognized, BWH Hotels-backed brand. Broker of Record David Harrington License # 01320460, 02168060 (CA) Matthews Real Estate Investment Services, Inc 2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245 (866) 889-0550

FOR SALE DETAILS

PRICE

$15,500,000 USD

PRICE/SF

$286 USD /SF

# OF ROOMS

115

PRICE/ROOM

$134,783 {currency}

CAP RATE

9.92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Western Porterville Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1992

PARKING SPACES

119

LAND DETAILS

LAND ACRES

3.44 AC

LAND SF

149,846 SF

ZONING

C-3

APN/PARCEL ID

269-050-050-000

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.