Baymont Inn & Suites
Anderson, California
DESCRIPTION
Dan Hayward of KW Commercial in Roseville, CA has been selected to exclusively market for sale the Baymont Inn & Suites Anderson which is located on Interstate 5, 10 minutes South of Redding, California. The Baymont Inn & Suites boasts a newly renovated, interior corridor building, housing 60 freshly updated rooms. In 2023, the property underwent renovations, resulting in 2,977 rooms being out of order (OOO) as verified by the Property Statistics Report.
With meticulously managed expenses, this investment opportunity offers a competitive cap rate on the current operational metrics, delivering exceptional Cash on Cash Returns while aligning with the Debt Coverage Ratio requirements set forth by lenders. Moreover, the absence of on-site ownership further amplifies the potential for the buyer, opening doors to further optimization and enhancement of the property's performance.
