Holiday Inn Express 80-key In Blythe, CA

$16,000,000 Holiday Inn Express in Blythe, CA featuring 80 keys, $1,307,154 NOI, and an 8.17% cap rate. Operating at 72.45% occupancy, this three-story hotel is the newest property in its competitive set and offers strong in-place cash flow in a high-traffic border location. Positioned along Interstate 10 at the California and Arizona border, the hotel benefits from heavy trucking and freight traffic between Los Angeles and Phoenix. Built in 2019, the property totals approximately 47,704 square feet on 3 acres and has demonstrated historical revenue exceeding $4 million annually. A new 15 to 20 year IHG license is in place, providing long-term brand stability with minimal PIP requirements. Demand is supported by transportation and logistics traffic, CalTrans, Border Patrol, BLM, renewable energy and highway projects within Riverside County, Palo Verde College, Palo Verde Hospital, and seasonal tourism tied to the Colorado River, Joshua Tree National Park access, Quartzsite RV and Gem Shows, and winter visitors. The property also includes 1.6 acres of additional entitled land for future development, creating expansion potential. Located within an Opportunity Zone and eligible for USDA loan programs, this asset offers a modern construction profile, strong occupancy, federal and state agency demand, and future development upside in a strategic interstate corridor.