3425 Orange Grove Ave North Highlands, CA 95660; Hotel & Motel For Sale; 6/19
|No. Rooms||145||No. Stories||2|
|Building Size||77,286 SF||Year Built||1972|
|Property Type||Hotel & Motel||Lot Size||3.89 AC|
|Property Sub-type||Full Service||APN / Parcel ID||240-0540-028|
|Property Use Type||Investment|
The Courtyard Inn in North Highlands, CA is a 145 unit, two story, exterior corridor property. The property is located in North Highlands, just 15 minutes from Sacramento, the capital of California. The property is cash-flowing and boasts a high net operating income for any potential investor. The revenues have steadily been trending upward with more potential for growth. Northern California is a highly desirable location for investors and more development is expected in the coming years.
North Highlands is located in Sacramento County and is 15 minutes from Sacramento. North Highlands has a population of roughly 42,000 people and a total area of roughly 8.8 square miles. The Sacramento region consists of 6,500 square miles comprising 4.0% of the state’ s total land area.The Sacramento region incorporates El Dorado, Placer, Sacramento, Yolo, Sutter, and Yuba Counties. The region is the hub of population and employment activity for the Central Valley. The area extends from the east crest of the Coastal Mountain Range across the Sacramento Valley and up through the foothills to the Sierra Nevada Mountains and the California-Nevada border. It is strategically located, with agricultural areas to the north and south, recreational areas to the east, and the San Francisco Bay Area to the west. Sacramento is the principal urban center in the area and serves as the Sacramento County seat as well as the state capital of California
The property is well-located and within distance of many local attractions and demand generators. The property is 1.2 miles away from the Discovery Space and Science Museum and 20 minutes from Old Sacramento.