Property summary
Exceptional investment opportunity: The Budget Inn Hayward, a 70-key hotel built in 1967, is offered at $14,275,000. This established property boasts a prime location in Hayward, California, at 21598 Foothill Blvd, 94541, offering excellent visibility and accessibility. The hotel features a mix of room types, including 45 King rooms and 25 rooms with two Queen beds, all designed with modern amenities for guest comfort. Amenities include a fitness center and business center, along with complimentary Wi-Fi throughout. Its strategic location near Interstates 580 and 880, Highways 238 and 92, provides easy access for travelers. The hotel also enjoys views of the Bay Area waters. Currently operational and generating revenue, this property presents a compelling opportunity for investors seeking a successful hospitality venture in Alameda County. Nearby attractions include the Hayward Japanese Gardens, Garin Regional Park, and California State University East Bay, further enhancing its appeal to guests. This is a rare chance to acquire a well-established hotel in a thriving location.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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