California Inn & Suites
Hotel Situated Along Highway 50, Near Sacramento
The Passport Group has been retained as exclusive broker to offer the fee-simple interest in the 134 unit California Inn and Suites located at 10800 Olson Drive, Rancho Cordova, California. The Hotel is positioned on approximately 1.85 acres.
The Hotel is located on Hwy 50 and Zinfandel Exit, visible from the north and southbound lanes. It is being offered unencumbered by management and franchise and is in good physical condition.
This is an offer to acquire a Sacramento area Independent hotel with a significant upside potential. The contract with Red Roof Inn has ended hence it offers a rebranding opportunity for the new buyer. Located at a very busy exit with 8 other Hotels of various flags. Motivated seller all offers will be looked at. Property will be sold as-is condition. Amazing opportunity for an owner operator or investor to flag the property and take advantage of a great location.
Property Name: California Inn & Suites
Address: 10800 Olson Drive, Rancho Cordova, CA 95670
City: Rancho Cordova
Number of Rooms: 134
Year Built: 1989
Number of Buildings: 1
Site Area: 1.85 AcresFloor and Layout: 3 Stories / Exterior Corridor
Listing Price: $9,295,000
CALL US TODAY!
Dhruv Shah is a second generation hotelier. Dhruv’s professional experience is rooted in hotel sales & marketing and operations, having lead both departments with Marriott. Currently an operator of four hotels, Dhruv manages over 300 guest rooms, giving him direct insight to industry issues.
Jeff Durham is a founder of The Passport Group. Jeff has a wealth of experience in the hotel and hospitality industry which began at the early age of 16. He is a hotel broker, an independent hotel owner and expert in consulting hotel owners into transitioning to becoming an independent hotel operator.