Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Days Inn Ontario Airport, a three-story limited service hotel located in the Inland Empire, off of Interstate 10. Hotel amenities include a heated outdoor pool, guest laundry facilities and complimentary breakfast. The hotel's 50 guest rooms offer a flat-screen TV, work desk, refrigerator, microwave and coffee maker. 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 Days Inn Ontario Airport represents the opportunity to acquire a franchised hotel in a desirable market near several demand drivers. The Ontario Mills hotel market has surpassed its pre-pandemic revenue levels. Our Pro Forma analysis assumes the subject property will regain full market share under a new experienced ownership supported by the increasing population and demand growth in the Inland Empire region.