Quality Inn Near China Lake Naval Station — Sale in Ridgecrest, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Ridgecrest, CA 93555
  • Year built: 1976

Photos

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Investment Figures

Cap rate
1.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Quality Inn Near China Lake Naval Station ("Hotel" or "Property") located at 507 S China Lake Boulevard in Ridgecrest, California. The limited-service Choice Hotels-branded Midscale Hotel is offered at $5,300,000 or $91,379 per key. Originally constructed in 1976 on approximately 0.83 acres, the Property features 58 guest rooms and offers an amenity package designed to accommodate both business and leisure travelers. The Hotel includes an outdoor swimming pool, complimentary breakfast service, free Wi-Fi, pet-friendly accommodations, and well-appointed guest rooms. The Property's location in the heart of Ridgecrest along China Lake Boulevard provides convenient access to the area's major employers, military facilities, healthcare providers, recreational attractions, community destinations, and the greater Indian Wells Valley. The Hotel benefits from a diverse lodging demand base generated by military operations, defense contractors, healthcare services, regional events, and tourism. The primary demand driver is Naval Air Weapons Station China Lake, one of the U.S. Navy's most important research, development, testing, and evaluation facilities, generating significant lodging demand from military personnel, government employees, contractors, engineers, and defense-related businesses. Additional corporate travel is supported by major defense contractors and technology firms including Saalex Solutions, Synectic Solutions, and New Directions Technologies, all of which maintain a strong presence supporting military and government operations. Healthcare-related visitation is generated by Ridgecrest Regional Hospital, while community and event-related demand stems from destinations including the Desert Empire Fairgrounds, Freedom Park and Ridgecrest City Hall, and the Leroy Jackson Park Sports Complex, which host regional gatherings, athletic tournamen

Market Context

This hospitality in Ridgecrest, CA is listed for sale. It is offered at an approximate 1.0% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 1976. Compare it against other hospitality listings for sale in Ridgecrest, CA — view the full market.

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