For Sale
$4,250,000

4801 Noble AveVisalia, CA 93277

39-unit motel, high visibility location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 39-unit Super 8 motel located in Visalia, California, at 4801 W Noble Ave, 93277. The property boasts a prime location with excellent visibility from two major highways, offering significant potential for increased profitability. Built in 1983, this two-story, exterior corridor motel comprises 9,226 square feet on a 0.81-acre lot (APN: 087-330-042-000). The asking price is $4,250,000, translating to $460.65 per square foot. The property features a wood frame/stucco construction and is zoned CH. Currently operating with a full staff, the motel presents a unique opportunity for an owner-operator to implement hands-on management strategies, enhance marketing efforts, and explore potential rebranding to maximize revenue. Improvements in rate and expense management are also anticipated to significantly boost the property's financial performance. The property's current underperformance, coupled with the absentee ownership, creates substantial upside potential for a more involved investor. The motel's convenient access to Highway 198 further enhances its appeal and market position. This is a rare chance to acquire a well-situated hospitality asset with considerable growth prospects.

Highlights

  • APN: 087-330-042-000
  • Built in 1983
  • 0.81-acre lot
  • Price per square foot: $460.65
  • 9,226 square-foot building
  • Exterior building type, wood frame/stucco construction

Property Details for 4801 Noble Ave

Property type
Hospitality properties, Hotels
Square Feet
9,226 SF
Year Built
1983
Stories
2
Lot Size (sq. ft)
35,284 SF

Location Insight

City
Visalia
County
Tulare
State
California
Latitude
36.3265401
Longitude
-119.3447713
4801 Noble Ave, Visalia, California

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4801 Noble Ave
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