Select-Service Hotel with 63
For Sale
Contact for pricing
140 S Akers St, Visalia, CA 93291
Fee simple opportunity for a 63-room select-service hotel with access to SR 198 and SR 99.
Property Size32,238 SF
Price / SF$83.75
Days on Market58
Property Features for 140 S Akers St
General Information
Standard status
Active
Size
32,238 SF
Total Parking Spaces
141
Property subtype
Hospitality
Zoning
C-MU
Additional Details
Business Included
Yes
Highway Access
Yes
Building Details
Year Built
2001
Buildings
1
Stories
3
Listing Agency:
HREC Investment Advisors
Listed By:
Chris Stein · License #FA.100107464
Source:
Crexi
Added: Jun 15
Changed: Aug 8
Last Checked: Aug 11 at 7:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HREC Investment Advisors
Investment Insights
Based on property information with market context.
This offering presents the fee simple interest in the Fairfield Inn Visalia Sequoia, a 63-room select-service hotel. The property is being marketed for qualified investors, with tours available by appointment only. For registration requirements and regulations, prospective parties are asked to review the provided materials or contact the listing broker to schedule a walkthrough.
The hotel is located at 140 S Akers St in Visalia, California, directly off California State Route 198. It also provides convenient access to California State Route 99. The surrounding market is supported by a mix of drivers described in the offering materials, including agriculture, logistics, and transient tourism, with additional seasonal leisure demand attributed to proximity to Sequoia National Park and Kings Canyon National Park.
From an ownership standpoint, the transaction includes an upcoming expiration of the existing franchise agreement in October 2027, which the offering notes as a potential inflection point for a new owner to evaluate rebranding, repositioning, and operational alignment. This creates a defined timeline for planning changes at the property level while maintaining continuity as an operational hotel asset through the end of the current franchise term. The offering also lists non-contingent earnest money deposit and participation deposit requirements, subject to seller approval, for registered buyers.
The hotel is located at 140 S Akers St in Visalia, California, directly off California State Route 198. It also provides convenient access to California State Route 99. The surrounding market is supported by a mix of drivers described in the offering materials, including agriculture, logistics, and transient tourism, with additional seasonal leisure demand attributed to proximity to Sequoia National Park and Kings Canyon National Park.
From an ownership standpoint, the transaction includes an upcoming expiration of the existing franchise agreement in October 2027, which the offering notes as a potential inflection point for a new owner to evaluate rebranding, repositioning, and operational alignment. This creates a defined timeline for planning changes at the property level while maintaining continuity as an operational hotel asset through the end of the current franchise term. The offering also lists non-contingent earnest money deposit and participation deposit requirements, subject to seller approval, for registered buyers.
Key Highlights
- 63‑room Fairfield Inn Visalia Sequoia (fee simple) at 140 S Akers St, Visalia, CA 93291
- Year built: 2001
- Direct access off California State Route 198 with convenient access to California State Route 99
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$90,960
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,819,200
$1.8M
Cap Rate 7%
$1,299,429
$1.3M
Cap Rate 9%
$1,010,667
$1.0M
Market Conditions
NOI Build-Up for 32,238 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$425.5K $13.20/SF
− Vacancy
−$234.0K −$7.26/SF
EGI
$191.5K $5.94/SF
− OpEx
−$100.5K −$3.12/SF
NOI
$91.0K $2.82/SF
Area
Visalia, CA
Vacancy
55.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,819,200
Cap Rate 7%
$1,299,429
Cap Rate 9%
$1,010,667
Alternative Uses
Best Use
Hotel Hospitality
$1.30M
$1.14M – $1.52M
NOI $90,960 @ 7.0% cap · market cap 3.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.83M
$7.73M – $10.30M
NOI $618,196 @ 7.0% cap · market cap 22.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
915
Businesses Nearby
Explore this area
Business Placement
Demographics for 93291, CA
63,366
Population
19,866
Households
3.2
Avg Household Size
32
Median Age
24%
College-Educated
81%
High-School Grad
84.2 sq mi
ZIP Area
753
Density / Sq Mi
$81,502
Median Household Income
$41,778
Median Earnings
$1,331
Median Rent
$381,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Fee simple opportunity for a 63-room select-service hotel with access to SR 198 and SR 99.
Where is this hotel located?
The property is located at 140 S Akers St Visalia, CA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 63‑room Fairfield Inn Visalia Sequoia (fee simple) at 140 S Akers St, Visalia, CA 93291; Year built: 2001; Direct access off California State Route 198 with convenient access to California State Route 99
