Newly Renovated Days Inn Red Bluff

5 Sutter Street, Red Bluff, CA

$5,850,000

Price

7.35%

Cap Rate

$450,000

NOI

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Street
Map
Overview
Cap Rate
7.35%
NOI
$450,000
Keys
50
Star Rating
3
Floors
2
Parking Spots
55
Year Last Renovated
2022
Construction Status
New Everything
Description

The Days Inn Red Bluff is fully renovated with strong in place cash flow. At over a 7 cap with in place revenue this is an opportunity for a new owner to make money day one!

Highlights
  • 50 brand new guestrooms
  • All common areas have been updated
  • New pool, workout facility and blacktop
  • Owners will also sell a 1 acre lot of land next door for expansion potential
  • In place 7.35% cap rate
  • Owners spent over $2,250,000 to renovate the property
Location
Gallery