6090 Blackstone Ave, Fresno, CA 93710-5008
- Motels
- 19,716 SF
- 0.93 lot acres
Current Use by Public Records
- Days Inn by Wyndham Yosemite Area / Hotel & Motel
Property Details for 6090 Blackstone Ave
- Year built
- 1963
- Construction
- WOOD
- Lot size
- 0.93 lot acres
- Zone code
- C6
- Property type
- Motels
- APN
- 409-191-25
- APU
- 40919125
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 29, 2021 | $6,200,000 | As Star2 Properties LLC | Cy3 LLC | Grant Deed | $4.5M · Celtic Bank Corporation |
| Jan 29, 2016 | $1,535,000 | Cy3 LLC | Ashwinkumar M Patel | Grant Deed | $2.6M · Celtic Bank Corporation |
| Jan 29, 2016 | — | Ashwinkumar M Patel | Patel,kalavatiben A | Affidavit Of Death · related | — |
| — | — | Cy3 LLC | — | Deed Of Trust · related | $3.1M · State Bk/india |
Description
This exceptional 58-key Days Inn by Wyndham, located in Fresno, California, presents a lucrative investment opportunity. The property boasts 19,000 square feet across two stories, featuring exterior corridors and recently completed (2023) extensive renovations encompassing guest rooms, bathrooms, and public areas. Situated on a 0.66-acre lot (APN 409-191-25) zoned C6, this hotel enjoys a prime location near Highway 41, offering convenient access to Fresno Yosemite International Airport (FAT), California State University - Fresno, and major medical centers. The 1963-built hotel generated a 2023 Gross Room Revenue of $1,521,252, including group contracts, and a Net Operating Income (NOI) of $640,870. Its proximity to Yosemite and Sequoia National Parks further enhances its appeal. The asking price is $7,495,000, translating to $394.47 per square foot and $129,224.14 per key. This turnkey operation is ideal for owner-users seeking a high-return hospitality investment in a thriving California market.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $5,990,000
- ML approach
- $6,345,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,896,000
Market price range: $1.67M - $4.90M -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $3,785,000 Current use
- COMMERCIAL (GENERAL)
- $6,850,000 Change: +81% Conversion: Difficult
- RESTAURANT
- $4,635,000 Change: +22% Conversion: Difficult
- MEDICAL BUILDING
- $4,595,000 Change: +21% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.79
- Latitude
- 36.8245
- CBSA code
- 23420
- CBSA name
- FRESNO, CA METROPOLITAN STATISTICAL AREA
