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Property summary
This exceptional investment opportunity presents two Class B hotels totaling 97+ rooms and approximately 38,261 square feet. Located in El Cajon, CA, on two contiguous parcels totaling over two acres, these properties boast a prime location with convenient Interstate 8 freeway access. Originally built in 1977 and 1989, the hotels have undergone significant renovations and currently operate under the Quality Inn brand. Amenities include free Wi-Fi, parking, hot breakfast, guest laundry, fitness center, business center, on-site marketplace, outdoor pool, and hot tub. Spacious suites feature refrigerators, flat-screen TVs, and stone-tiled bathrooms; select suites offer fully equipped kitchens. The strategic location offers guests easy access to numerous San Diego attractions, including downtown San Diego (20 minutes away), Sycuan Casino Resort, San Diego State University, Lake Jennings, and local parks. This multi-tenant property presents a compelling value-add opportunity for discerning investors. The properties are situated at 650 N Mollison Ave and 850 Sandalwood Dr, El Cajon, CA 92021, with APNs 484-321-09-00 and 484-321-11-00. The combined lot size ranges from 23,036 to 76,230 square feet, and the buildings comprise three stories. This is a rare chance to acquire a well-established hospitality asset with significant upside potential in a thriving market.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
COMMERCIAL · El Cajon, CAZoning
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Zoning designation
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