Econo Lodge Hotel - 55 Rooms in Moreno Valley, CA

This listing presents a prime investment opportunity for an Econo Lodge hotel located in Moreno Valley, California. The property features 55 guest rooms and is situated in a high-visibility location off the Moreno Valley Freeway. With a building size of 20,530 sqft and a property size of 35,284 sqft, the hotel was built in 1987. It currently generates $1,250,000 in gross revenue and $400,000 in Net Operating Income (NOI). The listing highlights that the hotel is underperforming due to mismanagement, indicating significant potential for revenue growth and increased profitability with new oversight and strategic upgrades. The franchise agreement is active through 2029, with an 8.5% royalty fee. The hotel is described as pet-friendly and offers convenient, affordable accommodations for both leisure and business travelers. Its prime location offers accessibility to dining, parks, shopping, and entertainment. This is an opportunity to acquire a scalable business with potential for renovation and repositioning to maximize occupancy and efficiency.