Route 66 Motel | 1526 W Foothill Blvd
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Route 66 Motel 1526 W Foothill Blvd
13 Room Hotel Rialto, CA 92376 £1,576,637 (£121,280/Room)
Investment Highlights
- High daily traffic on Route 66
- Rapidly growing population
- Value-add opportunity
- Walking distance to major retail centers
- 9.7 miles from San Bernardino International Airport (SBD)
Executive Summary
BRC Advisors – BH is pleased to present the Route 66 Motel, an independent motel located in Rialto, San Bernardino. This offering presents a unique opportunity to acquire a well-positioned, independently operated hospitality asset in a rapidly growing area of San Bernardino County.
The motel features 13 guestrooms, including a 2-bedroom manager’s unit. Two of the rooms are set to be completely renovated. Guestroom amenities include flat-screen TVs with cable channels, air conditioning, workstations, private bathrooms, microwaves, refrigerators, free wireless internet access, and complimentary private parking.
The property is within walking distance of the Renaissance Center and primary retail strips. It is also just 2 miles from downtown Rialto and the Renaissance Marketplace.
Rialto is centrally located in the Inland Empire, one of the nation’s fastest-growing regions in terms of both population and economic development, with a 42% population increase within a 5-mile radius from 2010 to 2020. The city is experiencing robust industrial and healthcare development.
The motel features 13 guestrooms, including a 2-bedroom manager’s unit. Two of the rooms are set to be completely renovated. Guestroom amenities include flat-screen TVs with cable channels, air conditioning, workstations, private bathrooms, microwaves, refrigerators, free wireless internet access, and complimentary private parking.
The property is within walking distance of the Renaissance Center and primary retail strips. It is also just 2 miles from downtown Rialto and the Renaissance Marketplace.
Rialto is centrally located in the Inland Empire, one of the nation’s fastest-growing regions in terms of both population and economic development, with a 42% population increase within a 5-mile radius from 2010 to 2020. The city is experiencing robust industrial and healthcare development.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | £254,296 | £82.78 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | £254,296 | £82.78 |
Net Operating Income | - | - |
Financial Summary (Actual - 2023)
Gross Rental Income | |
---|---|
Annual | £254,296 |
Annual Per SF | £82.78 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | £254,296 |
Annual Per SF | £82.78 |
Net Operating Income | |
---|---|
Annual | - |
Annual Per SF | - |
Property Facts
Price | £1,576,637 | Building Size | 3,072 SF |
Price Per Room | £121,280 | No. Rooms | 13 |
Sale Type | Investment | Number of Floors | 1 |
Property Type | Hospitality | Year Built | 1938 |
Property Subtype | Hotel | Tenancy | Single |
Building Class | C | Parking Ratio | 4.2/1,000 SF |
Lot Size | 0.24 AC | Corridor | Exterior |
Price | £1,576,637 |
Price Per Room | £121,280 |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 0.24 AC |
Building Size | 3,072 SF |
No. Rooms | 13 |
Number of Floors | 1 |
Year Built | 1938 |
Tenancy | Single |
Parking Ratio | 4.2/1,000 SF |
Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wi-Fi
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Guest Room | 13 | £62.60 | - |
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PROPERTY TAXES
Parcel Number | 0243-161-03 | Improvements Assessment | £507,760 (2024) |
Land Assessment | £178,576 (2024) | Total Assessment | £686,337 (2024) |
PROPERTY TAXES
Parcel Number
0243-161-03
Land Assessment
£178,576 (2024)
Improvements Assessment
£507,760 (2024)
Total Assessment
£686,337 (2024)
zoning
Zoning Code | CR3 |
CR3 |
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Route 66 Motel | 1526 W Foothill Blvd
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