665 Manzanita CtChico, CA 95926

Property Details for 665 Manzanita Ct

Year built

1972

Property size (Sq ft)

56,628 SF

Property type

Hospitality properties

Property subtype

Other hospitality properties

Description

This exceptional investment opportunity presents a 78-key Motel 6 located at 665 Manzanita Ct, Chico, CA 95926. Built in 1972, this two-story, 56,628 square foot property sits on a 1.3-acre lot and is zoned CR, Regional Commercial. Its prime location offers convenient access to Highway 99, ensuring seamless connectivity to California State University, Chico, downtown Chico, and regional attractions like Bidwell Park and the Sierra Nevada foothills. The motel's strategic positioning caters to both leisure and business travelers, benefiting from proximity to local amenities such as shopping centers, restaurants, and entertainment venues. Guests also enjoy easy access to outdoor recreation areas, including Bidwell Park, offering hiking, biking, and other outdoor activities. The property's strong location, coupled with its established brand recognition and substantial room count, presents a compelling investment opportunity in a vibrant Northern California city. The asking price for this well-positioned motel is $9,875,000. This established business benefits from its proximity to popular attractions such as Bidwell Mansion State Historic Park, further enhancing its appeal to a diverse range of visitors. The property's established presence and strong location make it a desirable asset in a growing market.

Location Insight

City

Chico

County

Butte

State

California

Latitude

39.7526

Longitude

-121.844

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