This Hospitality Property is no longer advertised on LoopNet.com.

1093 Airport Rd
Imperial, CA 92251

Travelodge by Wyndham Imperial/El Centro · Hospitality Property For Sale · 55,418 SF

INVESTMENT HIGHLIGHTS

  • Potential Opportunity to Dual Brand or Conversion to Multi-Family Housing
  • Minimal Competition - Only Hotel in Town
  • Very Low & Attractive Land Lease with County
  • Owner/Operator Upside - Currently Absentee Managed

PROPERTY FACTS

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class C
Lot Size 243.36 AC
Building Size 55,418 SF
No. Stories 2
Year Built/Renovated 1956/2021
Tenancy Single
Parking Ratio 4.11/1,000 SF
Corridor Exterior

AMENITIES

  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

ABOUT 1093 AIRPORT RD , IMPERIAL, CA 92251

NewGen Advisory is proud to present the Rodeway Inn in Imperial, CA. This property is two stories, features 92 guest rooms and sits on a very low and attractive land lease with the County of Imperial. The Rodeway Inn is the only hotel in Imperial and sits on the Imperial County Airport land. There are two buildings which consists of the 92 units and they can be easily converted into a dual brand featuring an extended stay option or multi-family as housing is a huge shortage in the area for long-term workers. The property also comes with a large restaurant on-site which generates a monthly rental income. Even with this improving market there is opportunity for a owner operator or hands on investor. The current seller is an absentee owner and does not spend much time at this property. A new owner can come in and increase their bottom line with property expense management and additional marketing to gain long-term contracts from agriculture workers and military training personnel coming into Imperial.

PROPERTY TAXES

ZONING

Zoning Code C2 (Commercial)
  • Listing ID: 19206450

  • Date on Market: 4/12/2020

  • Last Updated:

  • Address: 1093 Airport Rd, Imperial, CA 92251