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81753 Highway 111, Indio, CA 92201
Priced at Only: $9,750,000
For more Information Call
Address: 81753 Highway 111, Indio, CA 92201
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  • MLS#: CV26070920 ( Hotel/Motel )
  • Street Address: 81753 Highway 111
  • Viewed: 5
  • Price: $9,750,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1988
  • Bldg sqft: 0
  • Days On Market: 22
  • Additional Information
  • County: RIVERSIDE
  • City: Indio
  • Zipcode: 92201
  • Provided by: CB RICHARD ELLIS
  • Contact: Eric Eric
  • California Regional MLS IDX
  • DMCA Notice
  • 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 regions 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 Wyndhams 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.
Features
Building Area Total
  1. 21430.00
Commoninterest
  1. None
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Heating
  1. Wall Furnace
Laundry Features
  1. Common Area
Netoperatingincome
  1. 911675.00
Parcel Number
  1. 616120055
Property Type
  1. Hotel/Motel
Uncovered Spaces
  1. 104.00
Water Source
  1. Public
Year Built
  1. 1988
Year Built Source
  1. Assessor
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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