This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

945 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

Days Inn Gilroy 8292 Murray Ave

64 Room Hotel Gilroy, CA 95020 £7,070,589 (£110,478/Room)

Investment Highlights

  • High Visibility Location in Gilroy near 101
  • Underperforming Property with huge upside- Room Revenue is up over $50K YTD 2024 through July.
  • 67 Recently Renovated Rooms + Manager Apartment

Executive Summary

Recently renovated 67-unit Days Inn motel with great visibility and easy access from highway 101. Located near the Outlets and all major Gilroy shopping areas. Huge lot of over 1.5 acres with parking for truckers. Swimming pool and spa. Recently painted in and out. Recent window replacement and a refreshing of the parking lot.
All rooms have had the bathrooms and flooring refurbished to Days Inn standards.
Room revenue is up over $100K YTD 2024 through October.

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price £7,070,589 Building Size 26,264 SF
Price Per Room £110,478 No. Rooms 64
Sale Type Investment Number of Floors 2
Property Type Hospitality Year Built/Renovated 1984/2020
Property Subtype
Hotel
Parking Ratio 3.05/1,000 SF
Building Class C Corridor Exterior
Lot Size 1.51 AC Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price £7,070,589
Price Per Room £110,478
Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 1.51 AC
Building Size 26,264 SF
No. Rooms 64
Number of Floors 2
Year Built/Renovated 1984/2020
Parking Ratio 3.05/1,000 SF
Corridor Exterior
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Business Centre
  • Pool
  • Wheelchair Accessible
  • Outdoor Pool
  • Smoke-Free
  • Hot Tub

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 £117.71 -
Guest Room 62 £70.31 -
1 of 1
Bike Score ®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 841-59-018 Improvements Assessment £5,054,210
Land Assessment £810,768 Total Assessment £5,864,979

PROPERTY TAXES

Parcel Number
841-59-018
Land Assessment
£810,768
Improvements Assessment
£5,054,210
Total Assessment
£5,864,979

zoning

Zoning Code CM, Gilroy (Highway Commercial Zoning)
CM, Gilroy (Highway Commercial Zoning)
(831) 566-2732

  • Listing ID: 31642368

  • Date on Market: 29/04/2024

  • Last Updated:

  • Address: 8292 Murray Ave, Gilroy, CA 95020

The Hospitality Property at 8292 Murray Ave, Gilroy, CA 95020 is currently available For Sale. Contact Mitchell Properties for more information.

Nearby Listings

1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/7
8292 Murray Ave, Gilroy, CA for sale Building Photo- Image 1 of 7
New Di Front
8292 Murray Ave, Gilroy, CA for sale Interior Photo- Image 2 of 7
New DI King
8292 Murray Ave, Gilroy, CA for sale Interior Photo- Image 3 of 7
New DI Lob2
8292 Murray Ave, Gilroy, CA for sale Interior Photo- Image 4 of 7
New DI Lobby
8292 Murray Ave, Gilroy, CA for sale Building Photo- Image 5 of 7
New DI Park
8292 Murray Ave, Gilroy, CA for sale Interior Photo- Image 6 of 7
New DI Pow

1 of 1

Connect with us

© 2024 CoStar Group

Days Inn Gilroy | 8292 Murray Ave
(831) 566-2732 x

Days Inn Gilroy | 8292 Murray Ave

Chris Mitchell

(831) 566-2732

(831) 566-2732

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link