4994 Bullion St Mariposa, CA 95338

Property Details for 4994 Bullion St

Year built

1989

Lot size

1.76 lot acres

Property type

Hospitality properties

Property subtype

Hotels

Description

This exceptional investment opportunity presents the Quality Inn Yosemite Valley Gateway, a 59-key hotel ideally situated near Yosemite National Park in Mariposa, California. Boasting a strong historical revenue performance and attracting significant international tourism, this property offers a compelling return on investment. The hotel features an array of amenities including an outdoor pool and hot tub, complimentary hot breakfast and coffee, on-site laundry facilities, and a business center. Adding to its appeal is a separate three-bedroom, two-bathroom house included for the manager's residence. Built in 1989, the hotel comprises five buildings across three stories, situated on a 1.76-acre lot. The property's financial performance is highlighted by a pro-forma NOI of $767,261 and a pro-forma cap rate of 9.50%, with an asking price of $7,200,000. The limited availability of comparable properties in this thinly traded market further enhances its investment potential. The hotel's location provides easy access to Yosemite National Park and Mariposa's downtown area, capitalizing on the strong demand driven by both domestic and international tourism. The property consists of multiple parcels, offering additional development potential. This is a rare opportunity to acquire a well-established, high-performing hotel in a prime location with significant upside potential. The price per key is $122,033.90.