Offering MemorandumOffering Memorandum

CASA LINDA MOTELCASA LINDA MOTELCASA LINDA MOTELCASA LINDA MOTEL9509 Folsom Blvd • Sacramento, CA 958279509 Folsom Blvd • Sacramento, CA 95827

N O N - E N D O R S E M E N T A N D D I S C L A I M E R N O T I C EN O N - E N D O R S E M E N T A N D D I S C L A I M E R N O T I C E

Confidentiality and DisclaimerThe information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap andshould not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverifiedshould not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverifiedinformation to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough duediligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, thefuture projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB's orasbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or anytenant's plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to bereliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding thesematters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures toverify all of the information set forth herein. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All rights reserved.verify all of the information set forth herein. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All rights reserved.

Non-Endorsement NoticeMarcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation's logo orname is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product,service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY.PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS.PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS.

CASA LINDA MOTELSacramento, CAACT ID ZAA0030123

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TABLE OF CONTENTS

CASA LINDA MOTEL

SECTION

INVESTMENT OVERVIEW 01Offering SummaryOffering Summary

Regional Map

Local Map

Aerial Photo

FINANCIAL ANALYSIS 02Historical P&L

MARKET COMPARABLES 03MARKET COMPARABLES 03Sales Comparables

3

CASA LINDA MOTEL

INVESTMENT

OVERVIEWOVERVIEW

4

CASA LINDA MOTEL

EXECUTIVE SUMMARYOFFERING SUMMARY

EXECUTIVE SUMMARY

MAJOR EMPLOYERS

VITAL DATA

CURRENT

Price $1,350,000 CAP Rate* 12.96%

100% / EMPLOYER # OF EMPLOYEES

Resource Staffing Group 2,193

Califrnia Govt Operations Agcy 2,000

Region 1 Parole Division 2,000

University Enterprises Inc 1,856

C V S Optical Lab Div 1,600

Down Payment 100% / $1,350,000 Net Operating Income $174,948

Loan Type All Cash *Based on seller’s tax rate.

Price/Room $79,412

Ownership Type Fee Simple

Number of Rooms 17 C V S Optical Lab Div 1,600

Sutter Hlth Scrmnto Sierra Reg 1,265

Dignity Hlth Med Grp-Dominican 1,200

Franklin Templeton Investment 1,200

Enterprise Services LLC 1,015

Delta Dental Plan 1,000

Eskaton Village Care Center 1,000

Number of Rooms 17

Rentable Square Feet 7,708

Number of Buildings 2

Number of Stories 1

Year Built 1954

Lot Size 2 acre(s)Eskaton Village Care Center 1,000

Tetra Tech Ec Inc 1,000

DEMOGRAPHICS

Lot Size 2 acre(s)

1-Miles 3-Miles 5-Miles

2018 Estimate Pop 13,255 107,948 251,342

2010 Census Pop 12,620 102,575 237,265

2018 Estimate HH 5,071 42,713 104,276

2010 Census HH 4,796 40,139 97,238

Median HH Income $67,119 $63,040 $55,418

Per Capita Income $33,269 $35,965 $33,347

Average HH Income $86,591 $90,571 $79,713

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CASA LINDA MOTEL

OFFERING SUMMARYINVESTMENT OVERVIEW

The Casa Linda Motel offers a golden opportunity for a development project in a prime location in

Sacramento, California. The 17-room motel sits on two acres of land. The property is located on

INVESTMENT OVERVIEW

high-traffic Folsom Boulevard just one mile away from Highway 50. The property has 150 feet of

frontage on Folsom Boulevard.

The motel offers tremendous upside and an excellent opportunity for a hotel development. It is

located across from government buildings and Light Rail, and is only a few miles away from

INVESTMENT HIGHLIGHTS

Sacramento State University.

17-Room Motel sitting on a two acre land parcel

Shopping, restaurants, public transportation nearby

Prime location on busy Folsom Boulevard with 150 feet of frontage

INVESTMENT HIGHLIGHTS

Prime location on busy Folsom Boulevard with 150 feet of frontage

1-1/2 miles away from Highway 50

Great development potential for a hotel

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REGIONAL MAP

CASA LINDA MOTEL

7

LOCAL MAP

CASA LINDA MOTEL

8

AERIAL PHOTO

CASA LINDA MOTEL

Excess Developable Land

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CASA LINDA MOTEL

FINANCIAL

ANALYSISANALYSIS

10

FINANCIAL ANALYSIS

CASA LINDA MOTEL

HISTORICAL P&LHISTORICAL P&L

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CASA LINDA MOTEL

MARKET

COMPARABLESCOMPARABLES

12

CASA LINDA MOTEL

SALES COMPARABLES MAP

CASA LINDA MOTEL(SUBJECT)

Canterbury Inn

Red Rood Inn

America's Best Value Inn

1

2

3 America's Best Value Inn

The Greens

3

4

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PROPERTY NAME

MARKETING TEAM

CASA LINDA MOTEL

SALES COMPARABLES

CASA LINDA MOTEL9509 Folsom Blvd, Sacramento, CA, 95827

CANTERBURY INN1900 Canterbury Rd, Sacramento, CA, 95815

RED ROOD INN10800 Olson Dr, Rancho Cordova, CA, 95670

9509 Folsom Blvd, Sacramento, CA, 958271 2

rentpropertyname1 rentpropertyname1 rentpropertyname1

Asking Price $1,350,000

Price/Room $79,412

Price/SF $175.14

Total No. of Rooms 17

Year Built / Renovated 1954

Close of Escrow 3/14/2018

Sale Price $5,600,000

Price/Room $37,333

Price/SF $83.58

Total No. of Rooms 150

Close of Escrow 1/2/2018

Sale Price $7,725,000

Price/Room $53,276

Price/SF $184.72

Total No. of Rooms 145

rentpropertyaddress1 rentpropertyaddress1 rentpropertyaddress1rentpropertyaddress1

Acres 2 Year Built / Renovated 1967

Acres 3.3

Year Built / Renovated 2012

Acres 1.85

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PROPERTY NAME

MARKETING TEAM

CASA LINDA MOTEL

SALES COMPARABLES

AMERICA'S BEST VALUE INN3425 Orange Grove Ave, North Highlands, CA, 95660

THE GREENS4331 Stockton Blvd, Sacramento, CA, 95820

3 4

rentpropertyname1 rentpropertyname1 rentpropertyname1

Close of Escrow 2/7/2018

Sale Price $6,670,779

Price/Room $46,005

Price/SF $134.03

Total No. of Rooms 145

Close of Escrow 9/26/2017

Sale Price $2,150,000

Price/Room $48,864

Price/SF $131.23

Total No. of Rooms 44

rentpropertyaddress1 rentpropertyaddress1 rentpropertyaddress1

Year Built / Renovated 1975

Acres 4

Year Built / Renovated 1952

Acres 1.2

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ACQUISITION FINANCING

CASA LINDA MOTEL

MARCUS & MILLICHAP CAPITAL CORPORATION CAPABILITIES Optimum financing solutions

WHY MMCC?CAPABILITIESMMCC—our fully integrated, dedicated financing arm—is committed to providing superior capital market expertise, precisely managed execution, and unparalleled access to capital sources providing the most competitive rates and terms.

Optimum financing solutions to enhance value

Our ability to enhance buyer pool by expanding terms.

We leverage our prominent capital market relationships with commercial banks, life insurance companies, CMBS, private and public debt/equity funds, Fannie Mae, Freddie Mac and HUD to provide our clients with the greatest range of financing options.

buyer pool by expanding finance options

Our ability to enhance seller controlfinancing options.

Our dedicated, knowledgeable experts understand the challenges of financingand work tirelessly to resolve all potential issues to the benefit of our clients.

seller control

• Through buyer qualification support

• Our ability to manage buyers finance expectations

• Ability to monitor and manage buyer/lender progress, insuring timely, predictable closings

• By relying on a world class National platform

operatingwithin the firm’s

brokerage offices

$6.24 billion billion total

national volume in 2018

Access to more capital sources than any other firm in the industry

• By relying on a world class set of debt/equity sources and presenting a tightly underwritten credit file

Closed 1,678 debt and equity

financings in 2018

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