Technical
Financial
Distress signals
Property profile

21598 Foothill Blvd Hayward, CA 94541

FOR SALE
Motels
Property ID
US09-8243700
22,860 SF 1.17 ac lot Built 1961
Entity Owned 18-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Motels
Use group MOTEL
Year built 1961
Construction WOOD
Total area 22,860 SF
Lot 1.17 ac (50,756 SF)
APN 415-180-79
UPID US09-8243700

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

21598 Foothill Blvd Hayward, CA 94541
Hayward metro Census 431200 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$945k
Blend (final) Blend
$1.17M

Owner & transaction history

since 2008
7 recorded transactions
2019
Price N/A
2008
$4.2M
1998
Price N/A
1997
Price N/A
1996
Price N/A
1996
Price N/A
1996
$625,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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