Overview
- Updated On:
- February 6, 2026
Property Description
This franchised hotel in Monterey County presents investors with a compelling opportunity to acquire a stabilized, high-performing hospitality asset in one of California’s most desirable coastal markets. Strategically positioned with direct freeway access, the property serves consistent demand from both Monterey and Salinas, capturing a diverse mix of business and leisure travelers year-round.
Featuring 60+ keys and backed by a well-established national franchise brand, ownership has recently completed the Property Improvement Plan (PIP), positioning the hotel in excellent condition while still offering meaningful upside. With proximity to major regional attractions and strong fundamentals in place, this asset delivers immediate cash flow at an over 8% cap rate, with additional opportunities for continued value creation in a supply-constrained market.
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