Marriott-Franchised Hotel Off Highway
For Sale
$8,950,000
216 Ventura Ct, Kingsburg, CA 93631
Three-story hotel with 86 interior-corridor rooms, heated pool and spa, and meeting space totaling 276 square feet.
Property Size51,529 SF
Days on Market104
Property Features for 216 Ventura Ct
General Information
Standard status
Active
Size
51,529 SF
Property subtype
Hotel-Motel
Site & Location
Traffic Count
69,861 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Amenities
Priced at $104,070 Per Key | Recent Sale Comps Averaging $165,000 Per Key
Well-Appointed, Well-Maintained, Three-Story, Interior-Corridor, Marriott-Branded Hotel Renovated in 2019
Located Off of State Highway 99 with Traffic Count of Approximately 69,861 Vehicles per Day in Central California | Transient Demand
Kingsburg is Surrounded by Several Wineries and is Home to the Kingsburg Swedish Festival, which Draws ~25,000 People Annually
20 Miles from Fresno, a Gateway to National Parks and Home to CSU Fresno (24k+ Enrollment) and Several Attractions
Building Details
Building Size
51,529 SF
Year Built
2010
Year Renovated
2019
Stories
3
Listed By:
Andy Patel · License #License(s): CA: 01870067
(909) 456-7029
Source:
Marcusmillichap
Added: Jul 9
Changed: Oct 16
Last Checked: Oct 19 at 3:21AM
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 Andy Patel
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Investment Insights
Based on property information with market context.
Marcus & Millichap is exclusively marketing for sale the Fairfield Inn & Suites Selma Kingsburg by Marriott, a three-story hotel built in 2010 and renovated in 2019. The property features 86 interior-corridor guest rooms, a heated outdoor pool and spa, a fitness center, and a business center. Guests also have access to a complimentary breakfast buffet and The Market shop, along with 276 square feet of meeting and event space.
The hotel is located along State Highway 99 in Kingsburg and benefits from strong interstate visibility. Traffic near the property on Highway 99 is approximately 69,861 vehicles per day, supporting drive-by transient and business travel as well as tourism traffic.
The asset includes a Marriott reservation system affiliation and offers convenient access to Central California’s economic and tourism drivers, with nearby wineries and a mix of travel demand categories described in the offering materials.
The hotel is located along State Highway 99 in Kingsburg and benefits from strong interstate visibility. Traffic near the property on Highway 99 is approximately 69,861 vehicles per day, supporting drive-by transient and business travel as well as tourism traffic.
The asset includes a Marriott reservation system affiliation and offers convenient access to Central California’s economic and tourism drivers, with nearby wineries and a mix of travel demand categories described in the offering materials.
Key Highlights
- Fairfield Inn & Suites Selma Kingsburg by Marriott, three‑story hotel built in 2010 and renovated in 2019
- 86 interior‑corridor guest rooms
- Heated outdoor pool and spa, plus on‑site fitness center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$494,631
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,892,620
$9.9M
Cap Rate 7%
$7,066,157
$7.1M
Cap Rate 9%
$5,495,900
$5.5M
Market Conditions
NOI Build-Up for 51,529 SF
Gross rent
$1.27M $24.72/SF
− Vacancy
−$232.5K −$4.51/SF
EGI
$1.04M $20.21/SF
− OpEx
−$546.7K −$10.61/SF
NOI
$494.6K $9.60/SF
Area
Fresno County, CA
Vacancy
18.25%
Lease Rate
$24.72 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,892,620
Cap Rate 7%
$7,066,157
Cap Rate 9%
$5,495,900
Alternative Uses
Best Use
Hotel Hospitality
$7.07M
$6.18M – $8.24M
NOI $494,631 @ 7.0% cap · market cap 5.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$14.60M
$12.78M – $17.04M
NOI $1,022,322 @ 7.0% cap · market cap 11.42%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
69,861 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
408
Businesses Nearby
Explore this area
Business Placement
Demographics for 93631, CA
16,843
Population
6,149
Households
2.7
Avg Household Size
37
Median Age
22%
College-Educated
85%
High-School Grad
82.5 sq mi
ZIP Area
204
Density / Sq Mi
$81,226
Median Household Income
$42,034
Median Earnings
$1,117
Median Rent
$379,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Hotel - Three-story hotel with 86 interior-corridor rooms, heated pool and spa, and meeting space totaling 276 square feet.
Where is this hotel located?
The property is located at 216 Ventura Ct Kingsburg, CA.
What is the asking price?
The asking price for this property is $8,950,000.
What are key features of this property?
This property features: Fairfield Inn & Suites Selma Kingsburg by Marriott, three‑story hotel built in 2010 and renovated in 2019; 86 interior‑corridor guest rooms; Heated outdoor pool and spa, plus on‑site fitness center
