Skip to main content

Hotel-Motel

Country Inn & Suites Ontario @ Ontario Mills

4674 Ontario Mills Pkwy, Ontario, CA 91764

Listing Price: $20,600,000

Number of Rooms
117
RevPAR
$90
Gross SF
60,825
Price/Room
$176,068
RRM
5.50
Price/Gross SF
$338.68
Year Built
2009

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Country Inn & Suites Ontario @ Ontario Mills, a four-story limited service hotel located in the Inland Empire, adjacent to Ontario Mills Mall. Hotel amenities include a heated outdoor pool, poolside patio with firepit, fitness center and complimentary breakfast. Business amenities include a business center and 1,700 square feet of meeting space. The hotel's 117 guest rooms offer a 37-inch flat-screen TV, work desk, refrigerator, microwave and coffee maker. Select suites offer a separate living area, sofa bed, wet bar and/or jetted tub. The property is ideally located 1 hour from Los Angeles/Long Beach and Palm Springs, and 2 hours from San Diego. The hotel is located within a short drive from the Toyota Arena and Auto Club Speedway. Other nearby attractions include Glen Helen Park, Amphitheater & Raceway, the Mission Inn Hotel, Spa & Museum, Fiesta Village Family Fun Park, Yaamava Resort & Casino and March Air Force Base/March Field Air Museum. The Inland Empire is one of the nation's leading industrial markets in terms of sales, construction and absorption. The hotel is within a short drive of hundreds of industrial buildings that are nearly 100% occupied. Amazon, Skechers, Syncreon Technology and NFI all moved into new Inland Empire facilities larger than 500K SF in Q4 2022. As of January 10, 2023, the pipeline for pre-leased mega-warehouses includes five 1M SF facilities set to arrive this year: facilities that are slated to be occupied by Target, Home Depot, Shopify, Amazon and Shein. The Country Inn & Suites Ontario @ Ontario Mills represents the opportunity to acquire a franchised 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 Inland Empire region.

Investment Highlights

  • Four-Story, Interior Corridor, Franchised Hotel Built in 2009
  • Ownership has Continually made Improvements to the Property
  • Ideally Located off of Interstates 10 & 15, Adjacent to Ontario Mills Mall
  • Surrounded by Several Businesses and Attractions
  • 2 Miles to Ontario International Airport (5.7M+ Passengers in 2022)
  • Nearby Attractions Include Toyota Arena, Ontario Convention Center & Auto Club Speedway

Exclusively Listed By

Hotel-Motel

Country Inn & Suites Ontario @ Ontario Mills

Listing Price: $20,600,000

Number of Rooms
117
RevPAR
$90
Gross SF
60,825
Price/Room
$176,068
RRM
5.50
Price/Gross SF
$338.68
Year Built
2009

Investment Highlights

  • Four-Story, Interior Corridor, Franchised Hotel Built in 2009
  • Ownership has Continually made Improvements to the Property
  • Ideally Located off of Interstates 10 & 15, Adjacent to Ontario Mills Mall
  • Surrounded by Several Businesses and Attractions
  • 2 Miles to Ontario International Airport (5.7M+ Passengers in 2022)
  • Nearby Attractions Include Toyota Arena, Ontario Convention Center & Auto Club Speedway

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Country Inn & Suites Ontario @ Ontario Mills, a four-story limited service hotel located in the Inland Empire, adjacent to Ontario Mills Mall. Hotel amenities include a heated outdoor pool, poolside patio with firepit, fitness center and complimentary breakfast. Business amenities include a business center and 1,700 square feet of meeting space. The hotel's 117 guest rooms offer a 37-inch flat-screen TV, work desk, refrigerator, microwave and coffee maker. Select suites offer a separate living area, sofa bed, wet bar and/or jetted tub. The property is ideally located 1 hour from Los Angeles/Long Beach and Palm Springs, and 2 hours from San Diego. The hotel is located within a short drive from the Toyota Arena and Auto Club Speedway. Other nearby attractions include Glen Helen Park, Amphitheater & Raceway, the Mission Inn Hotel, Spa & Museum, Fiesta Village Family Fun Park, Yaamava Resort & Casino and March Air Force Base/March Field Air Museum. The Inland Empire is one of the nation's leading industrial markets in terms of sales, construction and absorption. The hotel is within a short drive of hundreds of industrial buildings that are nearly 100% occupied. Amazon, Skechers, Syncreon Technology and NFI all moved into new Inland Empire facilities larger than 500K SF in Q4 2022. As of January 10, 2023, the pipeline for pre-leased mega-warehouses includes five 1M SF facilities set to arrive this year: facilities that are slated to be occupied by Target, Home Depot, Shopify, Amazon and Shein. The Country Inn & Suites Ontario @ Ontario Mills represents the opportunity to acquire a franchised 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 Inland Empire region.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower