185 Tully Rd, Turlock, CA 95380-3731
- Hotels
- 18,322 SF
- 1.82 lot acres
Current Use by Public Records
- Days Inn by Wyndham Turlock / Hotel & Motel
Property Details for 185 Tully Rd
- Year built
- 1977
- Construction
- WOOD
- Lot size
- 1.82 lot acres
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 089-015-007-000
- APU
- 89015007000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 10, 2025 | — | Karan Bhakta And Sahib Singh Hospit | Wbm 1 LLC | Deed · related | — |
| Sep 9, 2025 | $6,500,000 | Karan Bhakta & Sahib Singh Hospital | Wbm 1 LLC | Grant Deed | $4.7M · Us Metro Bank |
| Aug 9, 2022 | — | Wbm 1 LLC | — | Deed · related | $4.5M · Bbcn Bank |
| Sep 27, 2018 | — | Wbm-1 LLC | — | Deed · related | $3M · Bank Of Hope |
| Jun 30, 2014 | — | Wbm-1 LLC | Woo Byung & M 2001 Trust | Grant Deed · related | — |
| Dec 26, 2006 | — | Wbm-1 LLC | Woo,byung W | Quit Claim Deed · related | — |
| — | — | Wbm-1 LLC | — | Deed Of Trust · related | $2.2M · Bbu Bank |
| — | — | Wbm-1 LLC | — | Deed Of Trust · related | $2.3M · Sonoma National Bank |
| — | — | Wbm-1 LLC | — | Deed Of Trust · related | $3M · Bank Of Hope |
Description
This exceptional investment opportunity presents the fee-simple interest in a 67-key Days Inn located at 185 N Tully Rd, Turlock, CA 95380. This established hotel, meticulously maintained for over 30 years, boasts 26,602 square feet across two stories and offers 20 double queen and 47 single queen rooms. Situated on a 1.82-acre lot, ample parking accommodates RVs and work trucks. The property benefits from its highly trafficked location off the 99 Freeway, experiencing over 85,000 vehicles daily, and serves a strong demographic area with a 5-mile population of approximately 88,000 and an average household income of $92,781. The Days Inn brand provides strong recognition within the Wyndham Hotels & Resorts portfolio. The hotel's financial performance is impressive, with a current NOI of $550,360 and a 7.76% cap rate, and an asking price of $7,600,000. Recent renovations in 2023 included a new roof, upgraded flooring, and refreshed paint. Positive RevPAR forecasts project a 6.8% increase for economy and midscale hotels in the submarket by October 2025, supported by a projected 3% demand change and a 9.7% revenue increase. This turnkey operation presents a significant opportunity for an experienced operator to capitalize on existing revenue and further enhance profitability through operational improvements. The property's 2024 RevPAR index stands at 129%, and the Occupancy MPI at 139.7%, both consistent with averages since 2021 and projected to improve over the next 48 months. The non-owner operated status offers additional potential for cost optimization and increased NOI margins.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Turlock
- County
- Stanislaus
- State
- California
- Longitude
- -120.869
- Latitude
- 37.4935
- CBSA code
- 33700
- CBSA name
- MODESTO, CA METROPOLITAN STATISTICAL AREA
