Ramada Modesto

• Completed in 2022, the property underwent a full down-to-the-studs renovation totaling over $4.4 million. All major systems and finishes were upgraded, leaving no near-term capital expenditures anticipated and offering a true turnkey acquisition.
• Flagged as a Ramada by Wyndham, the property benefits from affiliation with a globally recognized brand that drives consistent demand across leisure, corporate, and transient segments.
• Located on McHenry Avenue, a key commercial corridor with ±34,000 vehicles per day and direct access to Highway 99, the hotel is adjacent to Doctors Medical Center Modesto and across from McHenry Village shopping center, both of which generate year-round lodging demand and visibility.
• Now in its fourth full year post-redevelopment, the asset remains in stabilization. STR data shows underperformance versus lower-tier competitors, creating an opportunity for an experienced operator to enhance performance through revenue management and cost controls.
• Positioned in Modesto at the heart of California’s Central Valley, the property benefits from a strong agricultural and industrial economy. The surrounding area supports demand with ±281,000 residents within five miles and an average household income of $92,821.