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Days Inn Gilroy 8292 Murray Ave 64 Room Hotel Gilroy, CA 95020 $8,950,000 ($139,844/Room)

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INVESTMENT HIGHLIGHTS

  • High Visibility Location in Gilroy near 101
  • Underperforming Property with huge upside- Room Revenue is up 28% YTD 2025
  • 67 Recently Renovated Rooms + Manager Apartment

EXECUTIVE SUMMARY

Recently renovated 67-unit Days Inn motel with great visibility and easy access from highway 101. Located near the Outlets and all major Gilroy shopping areas. Huge lot of over 1.5 acres with parking for truckers. Swimming pool and spa. Renovations included paint, flooring & bathrooms in all rooms, window replacement, exterior paint and parking lot refreshing.
Room revenue is up 28% YTD 2025.

FINANCIAL SUMMARY (ACTUAL - 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
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 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
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS Under Contract

Price $8,950,000
Price Per Room $139,844
Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 1.51 AC
Building Size 26,264 SF
No. Rooms 64
No. Stories 2
Year Built/Renovated 1984/2020
Parking Ratio 3.05/1,000 SF
Corridor Exterior
Opportunity Zone Yes
Zoning CM, Gilroy - Highway Commercial Zoning

AMENITIES

  • Business Center
  • Pool
  • Wheelchair Accessible
  • Outdoor Pool
  • Smoke-Free
  • Hot Tub

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 2 $149.00 -
Guest Room 62 $89.00 -
Bike Score®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
841-59-018
Land Assessment
$1,067,737 (2025)
Improvements Assessment
$6,608,158 (2025)
Total Assessment
$7,675,895 (2025)
  • Listing ID: 31642368

  • Date on Market: 4/29/2024

  • Last Updated:

  • Address: 8292 Murray Ave, Gilroy, CA 95020

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