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Offered at $2,950,000, the Safari Inn is your affordable opportunity at a well-known and well-located property in the high demand hospitality segment of the market. This fantastic investment in beautiful Chico, California is comprised of 51 individual rooms as well as a very spacious and comfortable Manager s quarters.
Hotel Residents can easily walk to restaurants and shopping. The location also provides easy access to highway 99 and is also just minutes from Downtown Chico as well.
Many of the units have already been nicely updated with newer flooring, paint and fixtures and the property has been priced significantly below market to allow for remaining improvements to be completed.
***In addition to all of the benefits offered by the property itself, very attractive owner financing is also available, helping to ensure tremendous positive cash flow from day one.