Best Western Ontario Mills Mall — Hotel for Sale in Ontario, CA
The hotel is being offered for sale as an income-producing hospitality investment opportunity in the Ontario, California market.
Business Name: Best Western Ontario Mills Mall
Industry: Hospitality
Website: deals.radcre.com/best-western-ontario-mills-mall
Address:
4395 Ontario Mills Pkwy
Ontario, CA 91764
United States
Years in Business: Established hotel operation
Business For Sale and Real Estate: Business For Sale / Hotel Real Estate
List Price: $21,000,000
Describe Your Business:
Best Western Ontario Mills Mall is a 105-key upper-midscale/select-service hotel for sale in Ontario, California, located directly adjacent to Ontario Mills and minutes from Ontario International Airport (ONT).
The owner-operated, fee-simple hotel is offered at $21,000,000, representing approximately $200,000 per key. The property generates approximately $1.59 million in T-12 NOI and carries an in-place cap rate of approximately 7.6%.
The hotel benefits from a highly strategic Inland Empire location serving leisure, corporate, airport, logistics, retail, and event-driven demand. Ontario Mills, one of Southern California's largest outlet destinations, is directly adjacent to the property, while Ontario International Airport is only minutes away.
The hotel includes 105 guest rooms, outdoor pool, fitness center, complimentary breakfast, business center, meeting room, free Wi-Fi, free parking, and 24-hour front desk service.
The property operates under the globally recognized Best Western brand and provides access to the brand's reservation platform, loyalty program, and marketing network.
2026 YTD Performance
The property has demonstrated significant operating momentum in 2026:
Occupancy: 80.2% YTD
ADR: $130.93
RevPAR: $105.04
2026 YTD RevPAR Index: 157.5
The property's 2025 RevPAR Index of 125.2 already demonstrated substantial outperformance versus its competitive set, while the 2026 YTD index indicates continued demand strength.
Why Are You Selling?
The hotel is being offered for sale as an income-producing hospitality investment opportunity in the Ontario, California market.
The property combines stabilized cash flow with a location positioned to benefit from continued growth in the Inland Empire's tourism, logistics, aviation, retail, and commercial sectors.
A major investment thesis is the hotel's exceptional competitive positioning. The property achieved a 2026 YTD RevPAR Index of 157.5, meaning it has materially outperformed its STR competitive set.
The hotel also benefits from several powerful nearby demand generators:
Ontario Mills
Ontario International Airport
Inland Empire logistics and distribution
Corporate travel
Leisure tourism
Airline and airport-related demand
Regional sporting and entertainment events
Southern California retail tourism
The property may appeal to:
Hotel investors
Hospitality investment groups
Private equity investors
Family offices
Hotel owner-operators
Commercial real estate investors
1031 exchange buyers
Private hotel operators
Institutional hospitality investors
Investors seeking California hotels for sale
Buyers seeking Ontario hotels for sale
The offering provides investors with an opportunity to acquire an established branded hotel with existing cash flow rather than undertaking ground-up hotel development.
How Will the Funds Be Used?
Capital would be used primarily for the acquisition of the Best Western Ontario Mills Mall for the $21,000,000 asking price.
Potential acquisition structures could include:
Buyer equity
Conventional hotel financing
Commercial real estate financing
SBA financing where eligible
Private equity
Family office capital
Hospitality investment partnerships
1031 exchange proceeds
Combination debt/equity capitalization
Post-acquisition capital could be allocated toward working capital, property improvements, technology upgrades, guest-room improvements, marketing, revenue-management initiatives, and other operational enhancements as determined through buyer due diligence.
Property Overview
Property Type: Hotel
Brand: Best Western
Chain Scale: Upper-Midscale / Select-Service
Keys / Rooms: 105
Address: 4395 Ontario Mills Pkwy, Ontario, CA 91764
Ownership: Fee Simple
Management: Owner-Operated
Labor: Non-Union
Asking Price: $21,000,000
Price Per Key: $200,000
T-12 NOI: $1,588,869
Cap Rate: Approximately 7.6%
Hotel Amenities
Guest Experience
Outdoor swimming pool
Fitness center
Complimentary breakfast
Outdoor fire-pit patio
Guest lounge
Modern guest rooms
King rooms
King suites
Business & Connectivity
Business center
Meeting room
Complimentary Wi-Fi
Property Features
Free parking
24-hour front desk
Best Western branding
Owner-operated management structure
Financial Snapshot
Asking Price: $21,000,000
T-12 NOI: $1,588,869
Cap Rate: ~7.6%
Occupancy: 71.6%
ADR: $130
RevPAR: $93
Price/Key: $200,000
2025 RevPAR: $92.89
2026 YTD RevPAR: $105.04
2026 YTD Occupancy: 80.2%
2026 YTD ADR: $130.93
2026 YTD RevPAR Index: 157.5
Investment Highlights
Dominant Competitive Performance
The Best Western Ontario Mills Mall achieved a 157.5 RevPAR Index YTD in 2026, substantially outperforming its competitive set. The property also recorded a 2025 RevPAR Index of 125.2.
Strong In-Place Cash Flow
The hotel generates approximately $1.59 million in T-12 NOI on approximately $3.99 million in revenue, providing an attractive going-in yield.
Ontario Mills Location
The hotel sits directly adjacent to Ontario Mills, a major Southern California shopping and tourism destination that serves as a powerful year-round demand generator.
Ontario International Airport
Ontario International Airport provides an important source of airline, corporate, leisure, and transportation-related demand. The airport recorded 7.1 million passengers in 2025, according to the supplied offering materials.
Best Western Brand
The Best Western brand provides access to a global reservation system, loyalty program, brand marketing, and established distribution channels.
Inland Empire Growth
The Ontario submarket benefits from continued growth throughout the Inland Empire, including logistics, distribution, manufacturing, tourism, aviation, and commercial development.
Proven Revenue Leadership
The hotel's strong RevPAR Index demonstrates its ability to capture demand and generate room revenue above the broader competitive set.
The Opportunity
Best Western Ontario Mills Mall represents an opportunity to acquire a cash-flowing branded hotel in one of Southern California's major Inland Empire hospitality markets.
The hotel's adjacency to Ontario Mills and proximity to Ontario International Airport create a diversified demand profile spanning leisure travelers, shoppers, business travelers, airport users, airline-related demand, and regional events.
The property's 2026 YTD operating results indicate continued momentum, with occupancy reaching approximately 80.2% and RevPAR reaching $105.04.
For an investor seeking a California hotel with established operations, recognized branding, strong competitive performance, and an established demand base, the property offers a compelling combination of current income and continued upside potential.
Competitive Position
The supplied sales comparables show the property priced above the average price-per-key of the selected comparable set, reflecting its superior location, operating performance, brand positioning, and demonstrated RevPAR leadership.
PropertyLocationKeysSale Price$/KeyBest Western Ontario Mills MallOntario, CA105$21.00M$200KCountry Inn & Suites by RadissonOntario, CA116$18.25M$157KAzure Hotel & SuitesOntario, CA167$15.49M$93KHampton Inn & SuitesMoreno Valley, CA115$19.00M$165KHampton by HiltonWest Covina, CA127$16.28M$128KHampton Inn & SuitesSan Bernardino, CA114$11.59M$102K
Subject: $200K/key
Comparable Average: approximately $141K/key
Location & Market
Location: Ontario, California
Ontario is a major Inland Empire commercial and transportation hub approximately 35 miles east of Downtown Los Angeles. The market benefits from substantial logistics, industrial, aviation, retail, tourism, and business activity.
The Best Western Ontario Mills Mall is particularly well-positioned within this market because of its proximity to Ontario Mills and Ontario International Airport.
Major Demand Generators
Ontario Mills
Directly adjacent to the hotel and one of Southern California's largest outlet shopping destinations.
Ontario International Airport (ONT)
Minutes from the hotel and a significant source of passenger, airline, corporate, and leisure demand.
Inland Empire Logistics & Distribution
Ontario sits within one of the nation's most important logistics and warehouse corridors.
Corporate Travel
The surrounding Inland Empire business environment provides recurring demand from corporate travelers, vendors, contractors, and employees.
Tourism & Retail
Ontario Mills, nearby attractions, restaurants, entertainment, and regional shopping generate substantial visitor traffic.
Transportation
Interstate 10
Interstate 15
State Route 60
Ontario International Airport
Major Inland Empire logistics corridors
Investment Thesis
105-key branded hotel
Best Western franchise
Fee-simple ownership
Owner-operated
Approximately $1.59M T-12 NOI
Approximately 7.6% going-in cap rate
2026 YTD occupancy of approximately 80.2%
2026 YTD RevPAR of approximately $105
157.5 YTD RevPAR Index
Adjacent to Ontario Mills
Minutes from Ontario International Airport
Strong Inland Empire logistics market
Established cash flow
Multiple demand segments
Potential for continued RevPAR and NOI growth
Financing Opportunity
The acquisition could potentially be structured using a combination of:
Hotel acquisition financing
Commercial real estate financing
Conventional bank debt
Hospitality financing
Private equity
Family office capital
Institutional capital
1031 exchange proceeds
Buyer equity
Prospective buyers should independently evaluate debt-service coverage, loan-to-value requirements, franchise obligations, property condition, historical financial statements, operating expenses, and future capital expenditures.
Annual Revenue
Approximately $3.99 million based on the supplied 2025 operating information.
T-12 NOI: $1,588,869
Prospective buyers should independently verify all financial information through the offering memorandum, financial statements, tax returns, STR reports, franchise documentation, and seller diligence materials.
Timeline
Upon LOI acceptance: Due diligence begins.
Following NDA approval: Full due-diligence package is released through the secure deal room.
Target Closing: Approximately 30–45 days following completion of due diligence.
Transaction Structure: All-cash or financed; escrow timing negotiable.
Primary Contact
Chirag Patel
Commercial Real Estate Advisor
RAD Commercial Realty
(949) 395-7759
chirag@radcre.com
Due Diligence
The property is offered subject to buyer review and verification of all financial, operational, physical, environmental, zoning, title, franchise, management, and legal information.
Prospective purchasers should conduct independent due diligence before entering into a purchase agreement.
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