Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Comfort Inn & Suites Moreno Valley Near March Air Reserve Base, a three-story Choice-branded hotel located in Moreno Valley, California. The property includes 100 interior and exterior-corridor guest rooms, each equipped with a flat-screen television, refrigerator, and microwave, with select rooms featuring a separate living area and sofa bed. Common areas feature an outdoor pool and jacuzzi, guest laundry facilities, and vending machines. The hotel has a physical room count of 100, with one room currently out of order and not rentable; according to the STR/STAR Report, the room count is 94, and not all rooms may be legally permitted. 68 of the guest rooms have been renovated, and most of the FF&E for the remaining 31 guest rooms is on site (included in sale). The hotel is located off State Route 60 in Moreno Valley, the second-largest city in Riverside County, with a population of 211,000+ residents, offering convenient access to major regional destinations. It is just 5 miles from the University of California, Riverside; 9 miles from the University of Redlands Riverside Campus; and 13 miles from Loma Linda University, providing proximity to key educational and medical institutions. The property is also near the March Air Reserve Base and the surrounding industrial and commercial areas, positioning it well for government and corporate travelers. The Comfort Inn & Suites Moreno Valley Near March Air Reserve Base represents an opportunity to acquire a Choice-branded hotel in a stable market. Our pro forma analysis assumes upside related to operational efficiency, completion of remaining renovations, and continued modest growth supported by increasing tourism, airport passenger counts, population, and demand growth in the Inland Empire.