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Hotel-Motel

Dream Inn

2425 Merced St, Fresno, CA 93721

Listing Price: $6,400,000

Cap Rate
1.00%
Number of Rooms
50
RevPAR
$1
Gross SF
15,331
Price/Room
$128,000
Price/Gross SF
$417.45
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 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.

Investment Highlights

  • Room and Subway Restaurant Revenue Has Increased Annually Since 2022
  • Well-Maintained Property | Minimal PIP Required
  • Significant Upside with On-Site 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
  • 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

Hotel-Motel

Dream Inn

Listing Price: $6,400,000

Cap Rate
1.00%
Number of Rooms
50
RevPAR
$1
Gross SF
15,331
Price/Room
$128,000
Price/Gross SF
$417.45
Year Built
1962

Investment Highlights

  • Room and Subway Restaurant Revenue Has Increased Annually Since 2022
  • Well-Maintained Property | Minimal PIP Required
  • Significant Upside with On-Site 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
  • 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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