650 W Wells St - Hospitality FOR SALE


Blythe, CA 92225
$16,000,000 USD
661-978-3109
650 W Wells St, Blythe, CA for Sale
$16,000,000 USD
Hospitality - FOR SALE
1/20
null | 8.17% Cap Rate

650 W Wells St
Blythe, CA 92225


HIGHLIGHTS

  • Located at the California / Arizona border
  • Newest hotel in Blythe (2021 built)
  • Minimal PIP requirements
  • Anchored by Federal & State Agencies

OVERVIEW

PROPERTY OVERVIEW Strategic Location – Positioned along Interstate-10 at the California–Arizona border, a major commerce and travel artery Modern Construction – Built in 2021 and the newest hotel within its competitive set Strong Revenue History – Historical performance exceeding $4 million in annual revenue Expansion Opportunity – Includes 1.6 acres of additional entitled land for future development Franchise Strength – New 15–20-year IHG license in place USDA Loan Eligible – Benefit from attractive financing, including up to 30-year amortization

FOR SALE DETAILS

PRICE

$16,000,000 USD

PRICE/SF

$335 USD /SF

# OF ROOMS

80

PRICE/ROOM

$200,000 {currency}

CAP RATE

8.17%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express & Suites Blythe

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2021

PARKING SPACES

99

LAND DETAILS

LAND ACRES

4.69 AC

LAND SF

204,296 SF

ZONING

C

APN/PARCEL ID

848-110-024

ASK ABOUT THIS PROPERTY

Subhash NaikHotel Brokers of AmericaMore Info
661-978-3109

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Subhash NaikHotel Brokers of AmericaMore Info
661-978-3109

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