903 W Hobsonway - Hospitality FOR SALE


Blythe, CA 92225
$2,400,000 USD
520-664-4091
903 W Hobsonway, Blythe, CA for Sale
$2,400,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

903 W Hobsonway
Blythe, CA 92225


HIGHLIGHTS

  • 49 unit, two-story, exterior corridor
  • SBA 7A/504/USDA/Conventional Loan available
  • Located in an opportunity zone
  • Minimal to no-PIP to buyers
  • Fully renovated in 2024
  • Large manager’s apartment available on-site

OVERVIEW

Jigar "Jay" Desai of NewGen Advisory is pleased to present for sale the Econo Lodge in Blythe, California. This a compelling opportunity to acquire a 49-room, economy-class, franchised hotel operating under the Choice Hotels International, Inc. umbrella. Strategically located off major Interstate-10, this two-story, exterior-corridor property sits on 1.80 acres of commercially zoned land within an Opportunity Zone, offering potential tax advantages. The wood-frame structure features essential guest amenities, including a pool, business center, public-access Wi-Fi, and high-speed internet in rooms. Originally built in 1960 and renovated in 2024, the hotel maintains consistent operational status and is ideally positioned to serve both transient and leisure travelers. This is an excellent value-add or owner-operator asset in a high-visibility, low-barrier-to-entry market.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$121 USD /SF

# OF ROOMS

49

PRICE/ROOM

$48,980 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Econo Lodge Blythe

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.8 AC

LAND SF

78,408 SF

ZONING

C14

APN/PARCEL ID

836-090-040

ASK ABOUT THIS PROPERTY

Jigar DesaiNewGen AdvisoryMore Info
520-664-4091

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Jigar DesaiNewGen AdvisoryMore Info
520-664-4091

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