Hotel-Motel
Dream Inn
2425 Merced St, Fresno, CA 93721
Listing Price: $6,400,000
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 on-site Subway Restaurant, an outdoor pool and guest laundry facilities.
The on-site Subway restaurant is fully owned, and the new owner will acquire both the Subway and the hotel.
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.
The hotel is pre-approved by Choice Hotels to be franchised.
Dream Inn
Investment Highlights
- The Hotel is Pre-Approved by Choice Hotels to be Franchised | Room and Subway Restaurant Revenue Has Increased Annually Since 2022
- Well-Maintained Property | Minimal PIP Required | Significant Upside with On-Site Subway Restaurant and Managers Apartment for Owner-Operator
- Less Than a Mile from Community Regional Medical Center, Home to Central California's Highest Level of Care
- Walking Distance to Fresno City Hall, Veterans Memorial Museum, Triple-A Stadium, Convention Center, and More
- Centrally Located in the Downtown Area of the 5th Largest City in California
- Surrounded by $300M in State Investment | High Land Value as Potential Future Development Site or Housing Conversion
- Short Drive to California State University, Fresno (25k+ Enrollment) | 6 Miles to Fresno Yosemite International Airport
- Nearby Attractions Include Chukchansi Park, Veterans Memorial Museum, Fresno Art Museum, The Big Fresno Fair and More
Exclusively Listed By
Financing By
Listing Price: $6,400,000
Investment Highlights
- The Hotel is Pre-Approved by Choice Hotels to be Franchised | Room and Subway Restaurant Revenue Has Increased Annually Since 2022
- Well-Maintained Property | Minimal PIP Required | Significant Upside with On-Site Subway Restaurant and Managers Apartment for Owner-Operator
- Less Than a Mile from Community Regional Medical Center, Home to Central California's Highest Level of Care
- Walking Distance to Fresno City Hall, Veterans Memorial Museum, Triple-A Stadium, Convention Center, and More
- Centrally Located in the Downtown Area of the 5th Largest City in California
- Surrounded by $300M in State Investment | High Land Value as Potential Future Development Site or Housing Conversion
- Short Drive to California State University, Fresno (25k+ Enrollment) | 6 Miles to Fresno Yosemite International Airport
- Nearby Attractions Include Chukchansi Park, Veterans Memorial Museum, Fresno Art Museum, The Big Fresno Fair and More
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 on-site Subway Restaurant, an outdoor pool and guest laundry facilities. The on-site Subway restaurant is fully owned, and the new owner will acquire both the Subway and the hotel. 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. The hotel is pre-approved by Choice Hotels to be franchised.
Exclusively Listed By
Financing By
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