Profitable Value-Add Motel With Development Potential In Alhambra

This profitable 19-key motel offers investors an exceptional combination of immediate cash flow and long-term redevelopment potential in the highly sought-after San Gabriel Valley. Operating at 100% occupancy with an approximate 8.9% cap rate, the property provides stable income today while offering multiple value-add opportunities for future growth. Located in Alhambra, just minutes from Downtown Los Angeles and Pasadena, the motel benefits from strong demand driven by nearby healthcare facilities, universities, retail centres, and excellent freeway access. The property underwent renovations in 2019 and includes a spacious three-bedroom, two-bathroom owner's residence, making it attractive for both owner-operators and investors. The asset presents several attractive exit strategies, including continued motel operation, repositioning to increase room revenue, conversion to housing, or redevelopment utilising the property's excess land. The additional developable parcel included in the sale creates significant upside in one of Southern California's highest barrier-to-entry hospitality and residential markets. This is a rare opportunity to acquire a well-performing hospitality asset with multiple avenues for future value creation. Enquire today to receive additional information and access the full offering memorandum.