625 W Broadway St - Hospitality FOR SALE


Needles, CA 92363 | 
$599,000 USD
760-684-2139
625 W Broadway St, Needles, CA for Sale
$599,000 USD
Hospitality - FOR SALE
1/10
null | Request Cap Rate

625 W Broadway St
Needles, CA 92363


HIGHLIGHTS

  • Priced to Sell
  • 25-Room Hotel
  • Econolodge Branded

OVERVIEW

We are proud to present for sale this 25-room Econo Lodge, which has been aggressively priced for a quick sale. This is an excellent opportunity for new ownership to acquire a clean, well-maintained hotel that is ready for continued operation. Ideal for a hands-on investor or owner/operator, this manageable 25-room hotel provides an opportunity to implement more active management strategies, improve overall operations, increase occupancy and room rates, and ultimately increase profitability. New ownership may also have the opportunity to re-brand the hotel or operate it as an independent hotel, providing additional flexibility for the future.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$66 USD /SF

# OF ROOMS

25

PRICE/ROOM

$23,960 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

25-Room Econo Lodge Needles

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1951

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

GC

APN/PARCEL ID

0186-112-21

ASK ABOUT THIS PROPERTY

Randy SanchezMGR Real Estate, Inc.More Info
760-684-2139

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Randy SanchezMGR Real Estate, Inc.More Info
760-684-2139

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