Sleep Inn & Suites Oakley I-70

Investment Overview

Introducing a prime investment opportunity in the Oakley area. This property boasts 62 well-appointed units, originally built in 2009 and tastefully renovated in 2016. With a remarkable stabilized Cap Rate of 10.5% and a competitive Price per Key of $84k, this investment offers exceptional value with a significantly lower than replacement cost. The property's in-place 3.1x RRM and impressive 90% RevPAR Comp Set Index underscore its strong financial performance. Additionally, the attractive Cash on Cash projection of 26.6% and the potential for a return of down payment capital in just 3.75 years make this a compelling investment opportunity for discerning investors in the hospitality/limited service sector.

Investment Highlights

• Stabilized Cap Rate of 10.5%
• Price per Key $84k, significantly lower than replacement cost
• In place 3.1x RRM
• 90% RevPAR Comp Set Index
• Cash of Cash projection 26.6%, return of down payment capital in 3.75 years