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    OFF-MARKET
    Motels

    580 Oro Dam Blvd, Oroville, CA 95965

    27,169 SF 3.37 ac lot Built 1962
    Entity Owned 4-yr Hold
    Property ID
    US09-2094170
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Motels
    Year built 1962
    Total area 27,169 SF
    Lot 3.37 ac (146,797 SF)
    APN 035-030-090-000
    UPID US09-2094170
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Americas Best Value Inn & Suites Oroville Hotel & Motel
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Oro Dam Hospitality LLC · 4 yrs held
    Oro Dam Hospitality LLC
    since 2021
    1 recorded transaction
    2021
    $4.7M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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