SureStay Plus by Best Western Point Richmond 915 W Cutting Blvd
108 Room Hotel Richmond, CA 94804 $13,490,000 ($124,907/Room)
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EXECUTIVE SUMMARY
SureStay Plus by Best Western, located at 915 W Cutting Blvd, Richmond, CA, is available for sale at $13,490,000. This two-story property, built in 1967 and renovated in 2017, sits on a 3.26-acre site and features 108 rooms with amenities such as a meeting room, business center, swimming pool, and fitness center. Strategically located near the San Francisco Bay Area, the hotel offers easy access to I-580 and Richmond Parkway, connecting it to major destinations like San Francisco, Berkeley, Oakland, and Marin County.
The property is ideally situated near major industrial hubs, including the Chevron Richmond Refinery just 0.77 miles away, the Phillips 66 San Francisco Refinery 9.41 miles away in Rodeo, and the PBF Energy Martinez Refinery and Marathon Martinez Renewable Fuels Refinery, located approximately 13.91 and 13.94 miles away in Martinez. This proximity to key refineries ensures steady business traveler demand. Additionally, nearby conveniences such as Chevron, Central Gas, and 7-Eleven gas stations enhance accessibility for guests. Combining its strategic location, modern amenities, and strong market potential, this property is a compelling investment opportunity.
The property is ideally situated near major industrial hubs, including the Chevron Richmond Refinery just 0.77 miles away, the Phillips 66 San Francisco Refinery 9.41 miles away in Rodeo, and the PBF Energy Martinez Refinery and Marathon Martinez Renewable Fuels Refinery, located approximately 13.91 and 13.94 miles away in Martinez. This proximity to key refineries ensures steady business traveler demand. Additionally, nearby conveniences such as Chevron, Central Gas, and 7-Eleven gas stations enhance accessibility for guests. Combining its strategic location, modern amenities, and strong market potential, this property is a compelling investment opportunity.
PROPERTY FACTS
Price | $13,490,000 |
Price Per Room | $124,907 |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 3.26 AC |
Building Size | 47,360 SF |
No. Rooms | 108 |
No. Stories | 2 |
Year Built/Renovated | 1967/2017 |
Tenancy | Single |
Parking Ratio | 3.17/1,000 SF |
Corridor | Exterior |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
---|---|---|---|
Guest Room | 108 | $122.00 | - |
PROPERTY TAXES
Parcel Number | 550-012-006-7 | Improvements Assessment | $7,024,661 |
Land Assessment | $3,123,451 | Total Assessment | $10,148,112 |
ZONING
Zoning Code | C2 |