Traditional Hotel with 31 Rooms

For Sale

$595,000

1005 NYNFEO FLORINA GREECE, , CA, CA

Residential Income, CA

Property Size4,600 SF

Lot Size0.14 Acres

Price / SF$129.35

Days on Market1567

Property Features

General Information

Property type Residential Multi Family

Property subtype Other

Bedrooms 11

Bathrooms 35

Full bathrooms 1

Rooms Bathroom 19, Bathroom 5, Bathroom 34, Bathroom 24, Bathroom 23, Bedroom 7, Bathroom 17, Bathroom 4, Bathroom 26, Bathroom 27, Bathroom 7, Bathroom 31, Bathroom 3, Bedroom 6, Bathroom 30, Bathroom 32, Bathroom 11, Bathroom 20, Bathroom 28, Bedroom 5, Bathroom 15, Bathroom 35, Bedroom 9, Bathroom 6, Bathroom 9, Bathroom 14, Bathroom 2, Bathroom 18, Bathroom 29, Bedroom 4, Bathroom 25, Bathroom 12, Bedroom 10, Bathroom 22, Bedroom 2, Bathroom 16, Bedroom 3, Bedroom 11, Bathroom 33, Bathroom 1, Bedroom 8, Bathroom 8, Bathroom 10, Bedroom 1, Bathroom 13, Bathroom 21

Parking 10

Parking features On Street

Fireplace 1

Directions NYMFEO FLORINA GREECE

Subdivision Out of Area (outside USA)

Standard status Active

APN 0000000005

Size 4,600 SF

Lot size 0.14 Acres

Utilities

Heating system Central

Building Details

Year built 2010

Floors in Building 2

Number of units 9

Flooring type Tile - Ceramic, Tile

Listing Agency: Theodore Kyriazis, Realtors

Listed By: Theodore Kyriazis · License #01121471

Added: Jul 1, 2022 Changed: Oct 8 Last Checked: Oct 14 at 3:06PM

MLS# 22-174255

Investment Insights

Based on property information with market context.

This hotel accommodates 31 rooms within a 4,600-square-foot building on a 0.1377-acre site. Built in 2010, the property has been renovated with attention to traditional architectural details. Interior finishes include tile and ceramic tile flooring, complemented by central heating and a fireplace. On-street parking serves the property. The existing configuration combines hospitality accommodations with defined building improvements, including renovated interiors and established mechanical features.

Key Highlights

31‑room hotel capacity
4,600 square feet on a 0.1377‑acre site
Built in 2010 and renovated with traditional details

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$35,397

Cap Rate

5.95%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$707,940 $707.9K

Cap Rate 7%

$505,671 $505.7K

Cap Rate 9%

$393,300 $393.3K

Market Conditions

NOI Build-Up for 4,600 SF

Gross rent

$82.8K $18.00/SF

− Vacancy

−$8.3K −$1.80/SF

EGI

$74.5K $16.20/SF

− OpEx

−$39.1K −$8.51/SF

NOI

$35.4K $7.69/SF

Area

Vacancy

10.00%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

52.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$707,940

Cap Rate 7%

$505,671

Cap Rate 9%

$393,300

Alternative Uses

Best Use

Hotel Hospitality

$505.7K

$442.5K – $590.0K (±1% cap)

NOI $35,397 @ 7.0% cap · market cap 5.95%

Second Best

—

no second resolved use

Theoretical Best

Multifamily LT 5

$1.41M

$1.23M – $1.64M (±1% cap)

NOI $98,590 @ 7.0% cap · market cap 16.57%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Hotels

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this?

Hotel - Renovated lodging property with tile flooring, central heating, a fireplace, and on-street parking.

Where is this hotel located?

The property is located at CA.

What is the asking price?

The asking price for this property is $595,000.

What are key features of this property?

This property features: 31‑room hotel capacity; 4,600 square feet on a 0.1377‑acre site; Built in 2010 and renovated with traditional details