Baymont Inn & Suites | 2040 Factory Outlet Dr
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Baymont Inn & Suites 2040 Factory Outlet Dr
60 Room Hotel Anderson, CA 96007 $6,100,000 ($101,667/Room)
Investment Highlights
- $1,050,000 renovation of the property to Wyndham Brand standard in 23'
- A $669,510 PACE Loan for the Solar System that was installed as a part of the renovation will be paid off by the Seller at COE
- Buyer benefits from not only renovation expense but buyer avoiding the revenue lost during renovation; post reno ramp up and financing cost for reno
- Capitalization of the Electrical Savings at a 8% cap is $500,000
Executive Summary
The Baymont Inn & Suites in Anderson, CA is a 60-room, interior corridor, two-story hotel that has undergone extensive recent renovations, making it a turnkey investment opportunity. The property features newly upgraded stucco exterior, giving it a refreshed and modern curb appeal. Each guest room is well-appointed with a smart flat-screen TV, sitting area, mini-refrigerator, and complimentary Wi-Fi, catering to both business and leisure travelers. Guests also enjoy amenities such as a heated indoor pool, fitness center, guest laundry facilities, and complimentary coffee in the lobby, ensuring a comfortable stay.
The property’s operational efficiencies are bolstered by sustainable energy improvements, including a solar system installed as part of a PACE energy project in 2021, along with LED lighting upgrades. The solar system will be paid off by the seller at close of escrow, providing the new owner with reduced utility costs and an environmentally friendly footprint. Additionally, the hotel qualifies for a rebrand to IHG’s Garner brand, presenting an opportunity to enhance market presence and leverage a globally recognized name. With its strong foundation, modern upgrades, and rebranding potential, the Baymont Inn & Suites is an attractive investment in a growing market.
The property’s operational efficiencies are bolstered by sustainable energy improvements, including a solar system installed as part of a PACE energy project in 2021, along with LED lighting upgrades. The solar system will be paid off by the seller at close of escrow, providing the new owner with reduced utility costs and an environmentally friendly footprint. Additionally, the hotel qualifies for a rebrand to IHG’s Garner brand, presenting an opportunity to enhance market presence and leverage a globally recognized name. With its strong foundation, modern upgrades, and rebranding potential, the Baymont Inn & Suites is an attractive investment in a growing market.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Miscellaneous
Property Facts
Price | $6,100,000 | Building Size | 24,375 SF |
Price Per Room | $101,667 | No. Rooms | 60 |
Sale Type | Investment | No. Stories | 2 |
Property Type | Hospitality | Year Built/Renovated | 1997/2011 |
Property Subtype | Hotel | Parking Ratio | 2.14/1,000 SF |
Building Class | B | Corridor | Interior |
Lot Size | 1.60 AC | Opportunity Zone |
Yes
|
Price | $6,100,000 |
Price Per Room | $101,667 |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 1.60 AC |
Building Size | 24,375 SF |
No. Rooms | 60 |
No. Stories | 2 |
Year Built/Renovated | 1997/2011 |
Parking Ratio | 2.14/1,000 SF |
Corridor | Interior |
Opportunity Zone |
Yes |
Amenities
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Suite | 5 | $154.00 | - |
Guest Room | 55 | $114.00 | - |
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PROPERTY TAXES
Parcel Number | 202-780-020-000 | Improvements Assessment | $3,706,123 |
Land Assessment | $1,072,201 | Total Assessment | $4,778,324 |
PROPERTY TAXES
Parcel Number
202-780-020-000
Land Assessment
$1,072,201
Improvements Assessment
$3,706,123
Total Assessment
$4,778,324
zoning
Zoning Code | C1 |
C1 |
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Baymont Inn & Suites | 2040 Factory Outlet Dr
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