Hi Lo Motel 88 S Weed Blvd 45 Room Hotel Weed, CA 96094 $4,650,000 ($103,333/Room) 11.30% Cap Rate
EXECUTIVE SUMMARY
Apex Lodging Advisors is proud to present the Hi-Lo Motel, Cafe & RV Park, a historic, multi-revenue hospitality asset in the heart of Northern California's Mt. Shasta region.
This 1950s boutique motel, spanning 2.35 acres, features a thriving restaurant, 40-unit motel including extended-stay options + a 4bd/2bth rental home + a designated 2bd managers quarters, and an underutilized RV park with expansion potential-making it a rare investment opportunity with diverse income streams and significant upside potential.
The Cafe is a well established local landmark and creates great synergy to the motel & RV components of the property.
Originally established in 1951 as the Pilgrim's Rest Motel, the Hi-Lo has evolved from a quaint motor court into a full service hospitality destination. This landmark property continues to attract travelers, outdoor enthusiasts, and long-term guests thanks to its prime location along 1-5 & Highway 97, stunning views of Mt. Shasta, and strong tourism and business demand.
This 1950s boutique motel, spanning 2.35 acres, features a thriving restaurant, 40-unit motel including extended-stay options + a 4bd/2bth rental home + a designated 2bd managers quarters, and an underutilized RV park with expansion potential-making it a rare investment opportunity with diverse income streams and significant upside potential.
The Cafe is a well established local landmark and creates great synergy to the motel & RV components of the property.
Originally established in 1951 as the Pilgrim's Rest Motel, the Hi-Lo has evolved from a quaint motor court into a full service hospitality destination. This landmark property continues to attract travelers, outdoor enthusiasts, and long-term guests thanks to its prime location along 1-5 & Highway 97, stunning views of Mt. Shasta, and strong tourism and business demand.
PROPERTY FACTS
AMENITIES
- Restaurant
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 4 | $92.00 | - |
| Guest Room | 41 | $67.00 | - |
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PROPERTY TAXES
| Parcel Number | 060-331-070 | Improvements Assessment | $1,010,211 |
| Land Assessment | $67,734 | Total Assessment | $1,077,945 |
ZONING
| Zoning Code | C1 (Commercial mixed use) |
