580 Oro Dam Blvd Oroville, CA 95965
- Motels
- 27,169 SF
- 3.37 lot acres
Current Use by Public Records
- Americas Best Value Inn & Suites Oroville / Hotel
Property Details for 580 Oro Dam Blvd
- Year built
- 1962
- Lot size
- 3.37 lot acres
- Property size
- 27,169 SF
- Property type
- Motels
- APN
- 035-030-090-000
Description
This 71-key motel in Oroville, CA presents a compelling value-add investment opportunity. Situated on a 3.37-acre lot at the intersection of Hwy 162 and Hwy 70, this single-story, 27,169 square foot property enjoys high visibility and convenient access for tourists and visitors to Northern California's natural attractions. Built in 1962, the motel's location near Lake Oroville, Oroville Dam (the tallest in the US), Feather Falls, Berry Creek, and the North Table Ecological Reserve ensures a consistent stream of visitors and contractors. The property is offered unbranded, providing a blank canvas for renovation and repositioning to maximize its potential. Its current absentee ownership presents significant upside for a hands-on owner/operator seeking to enhance operational efficiency and profitability. The asking price is $5,500,000, translating to $202.44 per square foot. The property's APN is 035-030-090-000 and is located at 580 Oro Dam Blvd E, Oroville, CA 95965. This is a rare chance to acquire a well-located motel with substantial room for improvement and strong potential for return on investment in a desirable area of Northern California, approximately 20 miles south of Chico and 67 miles north of Sacramento.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oroville
- County
- Butte
- State
- California
- Longitude
- -121.56820866271
- Latitude
- 39.499017377542