Holiday Inn Express 80-key In Blythe, CA For Sale - Business for Sale
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80-Key Holiday Inn Express Hotel in Blythe, CA
Blythe, CA, US
Added 4 months ago
Hotel and Hospitality
Holiday Inn Express in Blythe, CA is an 80-key hotel located along Interstate 10, benefiting from high traffic and offering expansion potential.
Key Information
Asking
$16.0M
Revenue
$4.0M
Earnings
$1.3M
Multiple
12.2x
Key Highlights
- Net operating income (NOI) is $1,307,154.
- Cap rate is 8.17%.
- The hotel has 80 keys and operates at 72.45% occupancy.
- Built in 2019, the property is three stories, approximately 47,704 square feet on 3 acres.
- Includes 1.6 acres of additional entitled land for future development.
- A new 15 to 20 year IHG franchise license is in place.
- Located in an Opportunity Zone and eligible for USDA loan programs.
Contact Info
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