903 Hobsonway Blythe, CA 92225-1417

This fee-simple Econo Lodge in Blythe, CA, presents a compelling investment opportunity. The 49-key, two-story hotel, built in 1950 and renovated in 2022, boasts 30,000 square feet on a 1.83-acre lot zoned C2. Its strategic location near Interstate 10 ensures high visibility and easy access for travelers, attracting both leisure and business guests. The property features well-appointed rooms with amenities including free Wi-Fi, flat-screen TVs, mini-fridges, and microwaves. Additional amenities include a complimentary breakfast, an outdoor swimming pool, free parking, and pet-friendly accommodations. A business center and meeting facilities cater to corporate events, further enhancing revenue potential. The hotel's strong financial performance is reflected in its $3,200,000 asking price, $365,787 NOI, and an 11.43% cap rate. Current occupancy stands at 49.7%. Detailed financial records are available for review. Blythe's ongoing development and increasing tourism present significant opportunities for growth through targeted marketing and potential property upgrades. This represents a stable investment in a thriving market with potential for long-term appreciation. The property is available for a 1031 exchange.