1407 W 16th St
- 22 units
- Prime location in Merced
- Ideal for Hospitality/Full Service investment
Property Description
Exceptional investment opportunity located on one of Merced’s busiest and most visible corridors. The Gateway Motel offers consistent cash flow, strong tenant demand, and excellent long-term upside potential. The Gateway Motel features 22 rooms plus an office, with 21 units currently rented between $800–$1,200 per month. This income-producing property includes a 15x11 studio, 10 storage rooms, and 2x2 garages. Enjoy peace of mind with new roofs, newer dual-pane windows, and ample parking along one of Merced’s busiest, high-visibility streets, offering steady traffic and excellent exposure for continued occupancy.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| Price: | $2,000,000 |
| No. of Units: | 22 |
| Lot Size: | 0.73 Acres |
| Opportunity Zone: | No |
| Price per unit: | $90,909 |
| Property Website | Click Here |
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