| Additional Opportunity: The parking lot (separate parcel) is valued at $750,000 with a 7.20% cap rate and $54,000 NOI. |
| Turnkey, Fully Renovated Asset – Completed in 2022, the property underwent a full down-to-the-studs renovation totaling over $4.4 million. |
| Institutional-Grade Brand Affiliation – Flagged as a Ramada by Wyndham, the property benefits from affiliation with a globally recognized brand |
| High-Visibility Location with Strong Demand Drivers – Located on McHenry Avenue, a key commercial corridor with ±34,000 vehicles per day |
| Operational Upside with Continued Stabilization – Now in its fourth full year post-redevelopment, the asset remains in stabilization. |
| Robust Demographic and Economic Context – Positioned in Modesto at the heart of California’s Central Valley |
Ryan Kawai Sanchez
Matthews Real Estate Investment Services
