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Hotel-Motel

Dream Inn

2425 E Merced Street, Fresno, CA 93721

Listing Price: $6,400,000

Number of Rooms
50
RevPAR
$30
Gross SF
19,124
Price/Room
$128,000
Price/Gross SF
$334.66
Year Built
1962

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Dream Inn, a two-story full service hotel located in Fresno, California. The hotel's 50 guest rooms include a flat-screen TV, work desk, refrigerator, microwave and coffee maker. The hotel offers several amenities including an onsite Subway Restaurant, an outdoor pool and guest laundry facilities. The Subway Franchise is included with the sale. The hotel is well located within walking distance to Fresno City Hall and the Community Regional Medical Center. The Dream Inn is an opportunity to acquire a hotel in a desirable market near several demand drivers. At a list price of $128,000 per guestroom (including the Subway Restaurant), the property is offered at a price below replacement cost.

Investment Highlights

  • Significant Upside - Onsite Subway Restaurant
  • Less than a Mile from Community Regional Medical Center, Home to Central California's Highest Level of Care
  • Minutes to Fresno City Hall and Veterans Memorial Museum
  • 6 Miles to Fresno Yosemite International Airport
  • Short Drive to California State University, Fresno (25k+ Enrollment)
  • Notable Attractions Include: Chukcansi Park, The Big Fresno Fair, Forestiere Underground Gardens, and Fresno County Blossom Trail

Exclusively Listed By

  • Sam Mazumder

    Associate

    Email Sam

    License(s): CA: 01937013

    Inland Empire

  • Gordon Allred

    Senior Managing Director Investments

    (909) 456-3420

    Email Gordon

    License(s): CA: 00927200, NV: BS.0146254

    Inland Empire

Listing Price: $6,400,000

Number of Rooms
50
RevPAR
$30
Gross SF
19,124
Price/Room
$128,000
Price/Gross SF
$334.66
Year Built
1962

Investment Highlights

  • Significant Upside - Onsite Subway Restaurant
  • Less than a Mile from Community Regional Medical Center, Home to Central California's Highest Level of Care
  • Minutes to Fresno City Hall and Veterans Memorial Museum
  • 6 Miles to Fresno Yosemite International Airport
  • Short Drive to California State University, Fresno (25k+ Enrollment)
  • Notable Attractions Include: Chukcansi Park, The Big Fresno Fair, Forestiere Underground Gardens, and Fresno County Blossom Trail

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Dream Inn, a two-story full service hotel located in Fresno, California. The hotel's 50 guest rooms include a flat-screen TV, work desk, refrigerator, microwave and coffee maker. The hotel offers several amenities including an onsite Subway Restaurant, an outdoor pool and guest laundry facilities. The Subway Franchise is included with the sale. The hotel is well located within walking distance to Fresno City Hall and the Community Regional Medical Center. The Dream Inn is an opportunity to acquire a hotel in a desirable market near several demand drivers. At a list price of $128,000 per guestroom (including the Subway Restaurant), the property is offered at a price below replacement cost.

Exclusively Listed By

  • Sam Mazumder

    Associate

    Email Sam

    License(s): CA: 01937013

    Inland Empire

  • Gordon Allred

    Senior Managing Director Investments

    (909) 456-3420

    Email Gordon

    License(s): CA: 00927200, NV: BS.0146254

    Inland Empire

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