665 Manzanita Ct, Chico, CA 95926
This exceptional investment opportunity presents a 78-key Motel 6 located at 665 Manzanita Ct, Chico, CA 95926. Built in 1972, this two-story, 56,628 square foot property sits on a 1.3-acre lot and is zoned CR, Regional Commercial. Its prime location offers convenient access to Highway 99, ensuring seamless connectivity to California State University, Chico, downtown Chico, and regional attractions like Bidwell Park and the Sierra Nevada foothills. The motel's strategic positioning caters to both leisure and business travelers, benefiting from proximity to local amenities such as shopping centers, restaurants, and entertainment venues. Guests also enjoy easy access to outdoor recreation areas, including Bidwell Park, offering hiking, biking, and other outdoor activities. The property's strong location, coupled with its established brand recognition and substantial room count, presents a compelling investment opportunity in a vibrant Northern California city. The asking price for this well-positioned motel is $9,875,000. This established business benefits from its proximity to popular attractions such as Bidwell Mansion State Historic Park, further enhancing its appeal to a diverse range of visitors. The property's established presence and strong location make it a desirable asset in a growing market.
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Motel 6 Chico, CA Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.