Overview

2021 Modernized motel near The Heart of The Delta by the Sacramento River. This motel is in a small town mid-way between San Francisco and Sacramento with lots of Water Attractions, Fishing, Golfing, Wineries, Outdoors Recreation and much more nearby. Completely renovated in 2021 from the ground up with low consumption footprint and fully ADA compliant. A total of 15 rooms, 16 parking spaces, Lobby, Innkeeper quarters, Imported Tile, LED Lighting, and many more upgrades. Rio Grove Motel is situated on downtown span of HWY 12 with 80,000+ daily commuters in a town where population growth increased 52.43% since 2010 and is projected to triple in the next 15 years. This Motel is currently not operating and is located in an exposed area near The Delta surrounded by vineyards and golf clubs where events are held all year round in a city rapidly growing in population, tourism, and daily commuters. The Rio Grove Motel has been completely renovated in its entirety with new walls, stucco, flooring, roof, double pane windows, electrical. All new LED lighting inside and out. Tankless water heater. Newly paved parking and handicap access rail. New gas line and Energy Star A/C & Heating units in each room.

Details

Year Built
1954
# of Floors
1
# of Buildings
3
Lot Size
0 acres

Financial

Posted By
Broker / Agent
Affiliation
Independent
ADR
$ 120.00
NOI
$ 324,865.00