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350 W Montgomery Ave
Porterville, CA 93257

$15,500,000 USD

Hotel For Sale  •  54,129 SF

Property Details

  • Property Type Hotel
  • Total Building Size 54,129 SF
  • Lot Size 3.44 AC
  • Building Class C
  • Year Built 1992
  • Cap Rate 9.92 %
  • Zoning C-3
20 Transit Score
30 Walk Score

Highlights

Midscale Flag in a Supply-Constrained Market — Best Western is one of the most recognized midscale brands globally
Largest Hotel in the Immediate Porterville Trade Area — At 115 keys, the Best Western Porterville Inn is the dominant hotel in the city
Renovated Asset, Minimal Near-Term Capital Exposure — Originally built in 1992, the property has been meticulously maintained
Compelling Revenue Trajectory — The property generated $3.43M in room revenue in 2024 and grew to $3.57M in 2025
Outperforming on RevPAR Relative to Class — Despite carrying a higher ADR ($148.73 in 2025) than the broader Tulare/Visalia Midscale
Proven Income Producer / Nearly $1.54M Buyer-Adjusted NOI — The property generated $1.67M in owner’s NOI in 2025.

Property Flyers

Cap Rate: 9.92 %

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 119
Type: Surface
Included in Rent: Yes
Ryan Kawai Sanchez 949-287-5854 Matthews Real Estate Investment Services
Ryan Kawai Sanchez 949-287-5854 Matthews Real Estate Investment Services