Econo Lodge Hotel For
For Sale
Contact for pricing
Pending
24412 Sunnymead Boulevard, Moreno Valley, CA 92553
Profitable 55-room hotel with high visibility and growth potential.
Property Size20,530 SF
Lot Size0.81 Acres
Days on Market582
Property Features for 24412 Sunnymead Boulevard
General Information
Standard status
Pending
Size
20,530 SF
Class
B
Lot size
0.81 Acres
Property subtype
Business for Sale, Hospitality, Land, Mixed Use, Special Purpose
Zoning
Commercial
Occupancy
100%
Investment Type
Owner/User
Net Operating Income
$400,000
Building Details
Year Built
1987
Buildings
1
Units
55
Listing Agency:
Liberty Business Advisors
Listed By:
Houmehr Mike Panoussi · License #01853627
Source:
Crexi
Added: Jan 5, 2025
Changed: Aug 10
Last Checked: Aug 9 at 10:33AM
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 Liberty Business Advisors
Investment Insights
Based on property information with market context.
The Econo Lodge Hotel in Moreno Valley, California, is available for purchase. The building has a size of 20,530 square feet and is situated on a 35,284 square foot property. The hotel features 55 guest rooms. The franchise agreement is active through 2029, with 8.5% royalty fees. The property generates an annual gross income of $1,250,000 and a net income of $400,000 annually before mortgage payments. The property is currently underperforming due to mismanagement, presenting an opportunity for revenue growth through new oversight and strategic upgrades. The hotel is located off the Moreno Valley Freeway, offering high visibility and accessibility. It is within walking distance of budget-friendly dining options and less than a mile from Sunnymead Park, with proximity to shopping, entertainment, and outdoor recreation. The property is pet-friendly and known for its convenience and affordability, offering comfortable accommodations suitable for both leisure and business travelers. Renovating and repositioning the property could attract a broader clientele and maximize occupancy rates and operational efficiency, making it a high-value addition to an investment portfolio.
Key Highlights
- High Income Potential: Underperforming property with significant revenue growth opportunity through improved management and strategic upgrades.
- Steady Income Stream: Currently generates $1.25M annual gross income.
- Prime Location: Highly visible and accessible location off the Moreno Valley Freeway.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,482
Businesses Nearby
Explore this area
Business Placement
Demographics for 92553, CA
76,761
Population
20,175
Households
3.8
Avg Household Size
30
Median Age
13%
College-Educated
74%
High-School Grad
10.3 sq mi
ZIP Area
7,453
Density / Sq Mi
$71,344
Median Household Income
$36,525
Median Earnings
$1,892
Median Rent
$413,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Profitable 55-room hotel with high visibility and growth potential.
Where is this hotel located?
The property is located at 24412 Sunnymead Boulevard Moreno Valley, CA.
What is the asking price?
The asking price for this property is $6,549,000.
What are key features of this property?
This property features: High Income Potential: Underperforming property with significant revenue growth opportunity through improved management and strategic upgrades.; Steady Income Stream: Currently generates $1.25M annual gross income.; Prime Location: Highly visible and accessible location off the Moreno Valley Freeway.
