Investment Overview

As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Quality Inn Near China Lake Naval Station ("Hotel" or "Property") located at 507 S China Lake Boulevard in Ridgecrest, California. The limited-service Choice Hotels-branded Midscale Hotel is offered at $5,300,000 or $91,379 per key. Originally constructed in 1976 on approximately 0.83 acres, the Property features 58 guest rooms and offers an amenity package designed to accommodate both business and leisure travelers. The Hotel includes an outdoor swimming pool, complimentary breakfast service, free Wi-Fi, pet-friendly accommodations, and well-appointed guest rooms. The Property's location in the heart of Ridgecrest along China Lake Boulevard provides convenient access to the area's major employers, military facilities, healthcare providers, recreational attractions, community destinations, and the greater Indian Wells Valley. The Hotel benefits from a diverse lodging demand base generated by military operations, defense contractors, healthcare services, regional events, and tourism. The primary demand driver is Naval Air Weapons Station China Lake, one of the U.S. Navy's most important research, development, testing, and evaluation facilities, generating significant lodging demand from military personnel, government employees, contractors, engineers, and defense-related businesses. Additional corporate travel is supported by major defense contractors and technology firms including Saalex Solutions, Synectic Solutions, and New Directions Technologies, all of which maintain a strong presence supporting military and government operations. Healthcare-related visitation is generated by Ridgecrest Regional Hospital, while community and event-related demand stems from destinations including the Desert Empire Fairgrounds, Freedom Park and Ridgecrest City Hall, and the Leroy Jackson Park Sports Complex, which host regional gatherings, athletic tournaments, conferences, and community events. Moreover, leisure demand is strengthened by the China Lake Museum, tourism associated with the nearby Maturango Museum, and the area's unique proximity to outdoor destinations including Death Valley National Park, Joshua Tree National Park, and the Trona Pinnacles. Ridgecrest serves as the economic center of the Indian Wells Valley and benefits from one of the most stable economies in California due to its longstanding connection to federal defense spending and military research activities. The market is anchored by Naval Air Weapons Station China Lake and its extensive network of aerospace, engineering, technology, and defense contractors, creating a consistent base of government and corporate travel. In addition to military-driven demand, Ridgecrest is benefiting from healthcare services, recreational tourism, regional events, and its strategic location between several of the Southwest's most visited natural attractions. Supported by its unique blend of military, defense, government, healthcare, and tourism-related demand generators, Ridgecrest continues to offer a stable lodging environment with year-round visitations from a diverse range of traveler segments.