TownePlace Suites Sacramento Elk Grove - Hotels

Robust Cash Flow The Hotel’s bottom-line operating performance history illustrates the remarkable yield opportunity presented to new investment as the Property’s 2022 and 2023 year-end performance garnered substantial NOI averaging more than 46% of total revenue.

Recent Vintage, Excellent Building Condition The Hotel’s recent debut in 2021 solidifies the Property’s institutional quality and mitigates required capital expenditures in the near-term, allowing for an immediate implementation of a modernized business plan to drive NOI beyond historic thresholds

All-Suites Accommodations The Hotel’s all-suites guestrooms are the newest accommodations in Elk Grove, positioning the Hotel as the signature extended stay destination of choice for travelers. Extended-stay demand will benefit from Elk Grove’s economic ascent as Apple occupies 800,000 square feet of industrial space in the community while Dignity Health is developing the City’s inaugural full-service hospital, a 200,000-square-foot, 100-bed facility. 

Management Flexibility The Hotel is offered unencumbered by its existing operator, allowing new investment to partner with a preferred manager to explore alternative expense control measures, labor strategies, and yield management techniques to garner additional cash flow.

Sacramento Zoo to Elk Grove The City Council approved construction of a $302 million project which will relocate the Sacramento Zoo to Elk Grove, generating an estimated $250 million in jobs activity and potentially enticing robust tourism volumes as the present location welcomes more than 500,000 visitors annually.