Welcome to your new CASH COW. This property has been owned by the same family since 1985. It's a 3-story, 27-unit Hotel with a manager's quarters. The Cap rate is projected and currently, the family only rents out rooms periodically. However, with some minor advertising and effort, this property could be generating massive cash flow! The bottom floor is currently being used as storage and has some deferred maintenance. However, it can be converted into a convenience store, or any other type of retail business to add to the hotel revenue. This property is located in the heart of Downtown Lodi and is in the area in which the city is planning a full restoration on in the next 5 years so the value will increase. The potential is endless, really!