24400 Mission Boulevard Hospitality

Description

24400 Mission Boulevard is a 41-room economy hotel offered for sale in Hayward, CA. The property pairs a defined hospitality footprint with an existing lease, giving buyers an income-producing position today and a choice of direction when that lease ends.

Guest rooms include king, queen, and accessible options, with air conditioning, flat-screen TVs, coffee makers, microwaves, and refrigerators. Complimentary high-speed Wi-Fi and on-site parking support the practical expectations of budget-conscious guests, while wheelchair-accessible rooms and common areas broaden the property's appeal. For a hospitality buyer, the room variety and guest amenities establish a clear economy-hotel offering without requiring the next owner to reposition its basic service model.

The Hayward location offers access to local dining, parks, and BART service to San Francisco and Oakland. Hayward Japanese Gardens, Don Castro Regional Recreation Area, Sulphur Creek Nature Center, and Garin Regional Park give guests a selection of nearby leisure destinations. That mix matters to an operator serving travelers with different reasons to stay, from visitors exploring the area to guests seeking a practical base for trips elsewhere in the Bay Area.

The property is offered without an asking price. In-place rents are $26,000/month NNN under a lease running until 2031 with annual increases and no tenant renewal options. That structure gives an investor a current rental income stream, followed by the choice to seek another tenant or operate the hotel after the lease ends. The timing makes the existing lease central to the acquisition strategy: buyers can underwrite the income in place while planning for the property's next operating chapter. Review the Offering Materials to pursue the opportunity further.

Offering Summary

  • Asking Price
    Unpriced
  • Property Type
    Hospitality
  • Properties
    1

Documents

Property Address

24400 Mission Boulevard
Hayward, CA 94544-1618

Property Details

  • Property Type
    Hospitality
  • Total Rooms
    41

Deal Team