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Hotel-Motel

Ramada Fresno Northwest

5046 N Barcus Ave, Fresno, CA 93722

Listing Price: $7,000,000

Number of Rooms
50
RevPAR
$73
Gross SF
32,200
Price/Room
$140,000
Price/Gross SF
$217.39
Year Built
1998

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Ramada Fresno Northwest, a three-story limited service hotel located in Fresno, California. The hotel's 50 guest rooms include a flat-screen TV, work desk, refrigerator, microwave and coffee maker. Hotel amenities include an outdoor pool, meeting space, business center, fitness center, complimentary breakfast and guest laundry facilities. The Ramada Fresno Northwest the opportunity to acquire a Wyndham-branded hotel in a desirable market near several demand drivers. Our Pro Forma analysis assumes market recovery to pre-pandemic levels by year two, then continued modest growth supported by the increasing population and demand growth in the Northern California region.

Investment Highlights

  • Conveniently Located off of State Route 99
  • Short Drive to California State University, Fresno (25k+ Enrollment)
  • Currently Undergoing Renovations
  • 13 Miles to Fresno Yosemite International Airport
  • Notable Attractions Include: Forestiere Underground Gardens, Meux Home Museum, Shinzen Japanese Garden and Fresno County Blossom Trail

Exclusively Listed By

Hotel-Motel

Ramada Fresno Northwest

Listing Price: $7,000,000

Number of Rooms
50
RevPAR
$73
Gross SF
32,200
Price/Room
$140,000
Price/Gross SF
$217.39
Year Built
1998

Investment Highlights

  • Conveniently Located off of State Route 99
  • Short Drive to California State University, Fresno (25k+ Enrollment)
  • Currently Undergoing Renovations
  • 13 Miles to Fresno Yosemite International Airport
  • Notable Attractions Include: Forestiere Underground Gardens, Meux Home Museum, Shinzen Japanese Garden and Fresno County Blossom Trail

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Ramada Fresno Northwest, a three-story limited service hotel located in Fresno, California. The hotel's 50 guest rooms include a flat-screen TV, work desk, refrigerator, microwave and coffee maker. Hotel amenities include an outdoor pool, meeting space, business center, fitness center, complimentary breakfast and guest laundry facilities. The Ramada Fresno Northwest the opportunity to acquire a Wyndham-branded hotel in a desirable market near several demand drivers. Our Pro Forma analysis assumes market recovery to pre-pandemic levels by year two, then continued modest growth supported by the increasing population and demand growth in the Northern California region.

Exclusively Listed By

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