Emerald Inn Blythe | 1020 W Hobson Way
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Emerald Inn Blythe 1020 W Hobson Way
46 Room Hotel Blythe, CA 92225 $2,650,000 ($57,609/Room)
Investment Highlights
- 46 hotel room + Bar and license at $57.6 K per key
- 2.41 Acre Large lot with tons of options
- The best opportunity for owner operator to grow.
- Strategically positioned on Interstate 10, between Los Angeles and Phoenix
- 3-bed / 2.5-bath + living room + dining room -very large manager’s unit connected to Lobby
- Multiple franchise opportunities
Executive Summary
46 Rooms + Bar with license at $57.6K per room
Explore the Emerald Inn & Lounge, situated in the charming city of Blythe, CA, a prime opportunity for those passionate about the hospitality industry. The establishment features 46 large size guest rooms, A bar that can be effortlessly reopened with minimal effort, ample parking across over 2 acres of property, and delightful outdoor scenery. Its strategic location near the Colorado River promises a continuous influx of guests year-round.
Significant capital improvements exceeding $250,000 have been made in the last two years, upgrading plumbing, electrical systems, adding palm trees, installing CCTV, among other enhancements. Notably, the inclusion of a bar, which can be reopened with little effort, is expected to significantly boost gross revenue for the new owner, offering an added value proposition.
With the current owner eyeing retirement, this is an ideal moment for fresh management to step in and elevate this flourishing venture to new heights. Furthermore, the prospect of seller financing is available for qualified buyers willing to make a 40% down payment, making this an even more attractive investment. This is an investment opportunity not to be missed, offering a robust, year-round business with co-op options available.
Explore the Emerald Inn & Lounge, situated in the charming city of Blythe, CA, a prime opportunity for those passionate about the hospitality industry. The establishment features 46 large size guest rooms, A bar that can be effortlessly reopened with minimal effort, ample parking across over 2 acres of property, and delightful outdoor scenery. Its strategic location near the Colorado River promises a continuous influx of guests year-round.
Significant capital improvements exceeding $250,000 have been made in the last two years, upgrading plumbing, electrical systems, adding palm trees, installing CCTV, among other enhancements. Notably, the inclusion of a bar, which can be reopened with little effort, is expected to significantly boost gross revenue for the new owner, offering an added value proposition.
With the current owner eyeing retirement, this is an ideal moment for fresh management to step in and elevate this flourishing venture to new heights. Furthermore, the prospect of seller financing is available for qualified buyers willing to make a 40% down payment, making this an even more attractive investment. This is an investment opportunity not to be missed, offering a robust, year-round business with co-op options available.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,650,000 | Building Size | 19,256 SF |
| Price Per Room | $57,609 | No. Rooms | 46 |
| Sale Type | Investment | No. Stories | 2 |
| Sale Conditions | Building in Shell Condition | Year Built/Renovated | 1960/2022 |
| Property Type | Hospitality | Parking Ratio | 2.2/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 2.41 AC |
| Price | $2,650,000 |
| Price Per Room | $57,609 |
| Sale Type | Investment |
| Sale Conditions | Building in Shell Condition |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.41 AC |
| Building Size | 19,256 SF |
| No. Rooms | 46 |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2022 |
| Parking Ratio | 2.2/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
Amenities
- Business Center
- Pool
- Wheelchair Accessible
- High Speed Internet Access
- Patio
- On-Site Bar
- Public Access Wifi
- Smoke-Free
- Fiber Optic Internet
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 46 | $115.00 | - |
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zoning
| Zoning Code | C2 |
| C2 |
-
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Emerald Inn Blythe | 1020 W Hobson Way
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