Holiday Inn Express | W Kathryn Ave
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Holiday Inn Express W Kathryn Ave
88 Room Hotel Fresno, CA 93722 £13,300,868 (£151,146/Room) 6.32% Net Initial Yield
Investment Highlights
- Directly off Golden State Highway
- Property has a pool built in
- Directly across from national food chains and restaurants
- 4 Star-rated hotel apart of IHG Hotels
Executive Summary
This contemporary lodging off the Golden State Highway is a 14-minute drive from downtown Fresno and the corporate offices of Pacific Gas & Electric.
Formula Blue PIP completed. Over $1.5M spent on new PIP. Straightforward rooms come with flat-screen TVs and desks, plus minifridges, microwaves and premium cable channels. Kids 19 and under stay free with an adult, plus there's free WiFi in every room, as well as a choice of hard and soft pillows. Suites add separate living spaces with pull-out sofas and kitchenettes.
The facility also offers a free breakfast bar and an outdoor pool, plus a fitness center, a business center and free parking.
Formula Blue PIP completed. Over $1.5M spent on new PIP. Straightforward rooms come with flat-screen TVs and desks, plus minifridges, microwaves and premium cable channels. Kids 19 and under stay free with an adult, plus there's free WiFi in every room, as well as a choice of hard and soft pillows. Suites add separate living spaces with pull-out sofas and kitchenettes.
The facility also offers a free breakfast bar and an outdoor pool, plus a fitness center, a business center and free parking.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | £13,300,868 | Lot Size | 1.61 AC |
| Price Per Room | £151,146 | Building Size | 49,144 SF |
| Sale Type | Investment | No. Rooms | 88 |
| Net Initial Yield | 6.32% | Number of Floors | 4 |
| Property Type | Hospitality | Year Built/Renovated | 2010/2024 |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | B |
| Price | £13,300,868 |
| Price Per Room | £151,146 |
| Sale Type | Investment |
| Net Initial Yield | 6.32% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.61 AC |
| Building Size | 49,144 SF |
| No. Rooms | 88 |
| Number of Floors | 4 |
| Year Built/Renovated | 2010/2024 |
| Corridor | Interior |
Amenities
- Business Centre
- Fitness Centre
- Pool
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 18 | £100.94 | - |
| Guest Room | 70 | £89.98 | - |
zoning
| Zoning Code | CH |
| CH |
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Holiday Inn Express | W Kathryn Ave
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