Business for Sale

Best Value Inn

Businesses for Sale in California, Hotels & Motels for sale

Business Id :         BSM106

Location :               California > Shasta > Redding

Category :              Hotels & Motels >

1 of 2
Business Detail
Asking Price : $3,195,000
Sales revenue : Undisclosed
Inventory : $0
Cash Flow : Undisclosed
Status of Business : For Sale
Relocatable : No
Business closed : Yes
Home based : No
Employees : 0
Year Established :
Summary :
2220 Pine Street, Redding, California. The hotel is in Shasta County, Redding, California, is located at the north end of the central valley, just a short two-hour drive north of Sacramento on I-5. The Sundial Bridge at Turtle Bay is a beautiful, unique pedestrian bridge that crosses the Sacramento River and connects the Nationally designated trail system in Redding, California, with the Turtle Bay Exploration Park and McConnell Arboretum. The America’s Best Value Inn has 69 units. The hotel was built approximately 1970 on an approximate 1.75-acre city lot. It is a 3-story quality wood frame building with stucco/wood exterior and a recent metal roof. Hotel received many upgrades in 2004 and 2005. Hotel converted to America’s Best Value Inn May 2005. Recent Upgrades: • Remodeled/Expanded lobby & Breakfast area • Carpet throughout • Bed spreads throughout • Drapes throughout • Bathroom tile throughout • Vanity lights in 46 rooms • Interior & exterior paint • Exterior lighting • Wireless Internet • Water heater replaced • Parking lot sealed • Porte-cochere remodeled • Pool deck and pool refinished Room Mix: • 24 two double beds • 35 queens • 9 kings • 1 handicap queen • 1 handicap king • 1 guest room used for storage • 1 conference room AMERICA’S BEST VALUE INN / REDDING, CA Area Information • 217 miles north of San Francisco • 162 miles north of Sacramento • 149 miles south of Medford OR Redding (pop. 104,295) is the county seat of Shasta County located on the Sacramento River and on Interstate 5 south of Shasta Lake. It is the state's largest city north of Sacramento, as well as the northernmost designated metropolitan area and city with over 100,000 people in California. It is the largest city in the Sacramento Valley. Redding is also a major city in the Redding-Chico Metropolitan Area. The overall population in the Redding-Chico Area is 515,000. The population density is low based on the agriculture commerce in this area. Redding-Chico is the northern most metropolitan area in the state of California. Redding is the largest city in the northern Sacramento Valley as well as the largest city

Business Competition :
Available upon Request.
Business Expansion :
Available upon Request.
Reasons for Selling :
Available upon Request.

Uploaded Documents:

Available upon Request.

Contact Information :
Name : Rober
Phone No. : 7685765
State : California
County : Shasta
City :
For more information about this business for sale, click the Contact Seller button.
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Posted By:
Broker Name: Rober Anderson
Broker Company Name: Rober Anderson Business co.
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