Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Days Inn by Wyndham Arroyo Grande/Pismo Beach, a 100-room hotel located in Arroyo Grande, California. Ideally situated just off U.S. Route 101 in San Luis Obispo County, the property offers convenient access throughout California’s Central Coast and is located approximately two miles from Pismo Beach. Renovated in 2020, the hotel features an outdoor swimming pool and spa, an outdoor patio with seating and a fire pit, and a favorable layout for an owner-operator, including a two-bedroom, two-bathroom on-site manager’s suite. Recent capital improvements further enhance the property's appeal and provide a well-maintained foundation for continued operations. The Days Inn by Wyndham Arroyo Grande/Pismo Beach benefits from its proximity to several key demand generators throughout the Central Coast. Pismo Beach, known for its scenic coastline, beaches, dining, and recreational attractions, is approximately two miles from the property. California Polytechnic State University, San Luis Obispo, with more than 20,000 students, is approximately 16 miles away, providing access to university-related demand throughout the year. The property's location along U.S. Route 101 also offers convenient connectivity to surrounding coastal communities, employment centers, and popular leisure destinations, supporting demand from leisure, university, corporate, and transient travelers. The Days Inn by Wyndham Arroyo Grande/Pismo Beach represents an opportunity to acquire a well-positioned lodging asset in a high-barrier-to-entry coastal California market. Its recent capital improvements, favorable owner-operator layout, and on-site manager’s suite provide operational flexibility and an attractive ownership structure. The property's proximity to Pismo Beach, combined with its location along the U.S. Route 101 corridor, positions it to benefit from the Central Coast's established tourism economy and diverse demand base. The combination of a 100-room inventory, desirable coastal location, and limited opportunities for new hotel development creates an attractive opportunity for investors seeking to establish or expand their presence in the San Luis Obispo County market.