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$ 9,750,000
Est. payment | /mo
1.87 Acres Lot
$ 9,750,000
Est. payment | /mo
1.87 Acres Lot
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26070920
HOA Y/N No
Year Built 1988
Lot Size 1.870 Acres
Property Sub-Type Hotel/Motel
Property Description
CBRE is proud to present the sale of the Super 8 & Suites by Wyndham Indio, a 92-room, economy-scale hospitality asset located at 81753 CA-111 in the high-growth, festival-driven market of Indio, California.
This offering represents a compelling opportunity for private investors, hospitality groups, and institutional stakeholders to acquire a stabilized asset in the "City of Festivals. Situated on 1.87 acres with a 21,430 square-foot building, the property benefits from a prime location on Highway 111, offering excellent connectivity to the Interstate 10 corridor and the primary entertainment venues of the Coachella Valley.
Built in 1988, the economy class property features 92 well-appointed rooms, a product ideally suited for the region's high-volume seasonal demand. Guest amenities enhance the appeal, including an outdoor pool, breakfast area, BBQ pit, on-site guest laundry facility, and 104 surface parking spaces, all contributing to a reliable experience for festival-goers and transient travelers alike.
The hotel has undergone significant capital investment, including a comprehensive 2012 renovation and ongoing brand maintenance, ensuring a competitive, refreshed product that is fully aligned with Wyndham's latest standards. This turn-key condition allows for immediate stabilized performance and maximizes immediate cash flow potential.
This is a unique opportunity to acquire a premium hospitality property in a dynamic desert hub within Riverside County. This asset represents a valuable long-term investment, perfectly suited for institutional professionals looking to expand their portfolio or those engaged in a 1031 Exchange. With its Wyndham brand affiliation, recent turn-key renovations, and location within one of Southern California's most desirable and high-demand markets, the property offers exceptional stability and enduring value for generations.
This offering represents a compelling opportunity for private investors, hospitality groups, and institutional stakeholders to acquire a stabilized asset in the "City of Festivals. Situated on 1.87 acres with a 21,430 square-foot building, the property benefits from a prime location on Highway 111, offering excellent connectivity to the Interstate 10 corridor and the primary entertainment venues of the Coachella Valley.
Built in 1988, the economy class property features 92 well-appointed rooms, a product ideally suited for the region's high-volume seasonal demand. Guest amenities enhance the appeal, including an outdoor pool, breakfast area, BBQ pit, on-site guest laundry facility, and 104 surface parking spaces, all contributing to a reliable experience for festival-goers and transient travelers alike.
The hotel has undergone significant capital investment, including a comprehensive 2012 renovation and ongoing brand maintenance, ensuring a competitive, refreshed product that is fully aligned with Wyndham's latest standards. This turn-key condition allows for immediate stabilized performance and maximizes immediate cash flow potential.
This is a unique opportunity to acquire a premium hospitality property in a dynamic desert hub within Riverside County. This asset represents a valuable long-term investment, perfectly suited for institutional professionals looking to expand their portfolio or those engaged in a 1031 Exchange. With its Wyndham brand affiliation, recent turn-key renovations, and location within one of Southern California's most desirable and high-demand markets, the property offers exceptional stability and enduring value for generations.
Location
State CA
County Riverside
Area 311 - Indio Central
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area
Exterior
Total Parking Spaces 104
Building
Lot Description Lot Over 40000 Sqft
Story 2
Water Public
Others
Tax ID 616120055
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Eric Chen CB RICHARD ELLIS 626-757-5717
NEARBY SCHOOL & BUSINESS
22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA
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