1895 Monterey St San Luis Obispo, CA 93401
Sponsored
40-key hotel, strong ROI potential
Property size:
17,264 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 1895 Monterey St
General Information
- Property type
- Motels
- Square Feet
- 17,264 SF
- Lot Size
- 58,370 SF
Building Details
- Year Built/Renovated
- 1961/2015
- Buildings
- 2
- Stories
- 2
HighLights
- $9,999,000 asking price for a 40‑key hotel.
- 17,264 square feet on a 1.34‑acre lot in San Luis Obispo, CA.
- 6.80% pro‑forma cap rate with a $771,151 pro‑forma NOI.
- $579.18 price per square foot and $249,975 price per key.
- Two buildings, two stories, built in 1961 and renovated in 2015‑2016.
- Located at 1895 Monterey St, San Luis Obispo, CA 93401, with C‑T‑S Tourist‑Commercial‑Special Consideration Zone Overlay zoning.
Property Profile
Location Intelligence
Current Use by Public Records
Inn at San Luis ...
Hotel
Location Insight
- Map
- Local Demand
- City
- San Luis Obispo
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.65085367381
- Latitude
- 35.289400520336
Nearby Similar for Sale
FAQs
What type of property is this?
Motel - 40-key hotel, strong ROI potential
Where is this motel located?
The property is located at 1895 Monterey St San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $9,999,000.
What are key features of this property?
This property features: $9,999,000 asking price for a 40-key hotel.; 17,264 square feet on a 1.34-acre lot in San Luis Obispo, CA.; 6.80% pro-forma cap rate with a $771,151 pro-forma NOI.
