Listed by Marlin Realty Group
$799,900
CHATEAU CHALET SUITES
Details
Property Type Hospitality
Sub Type Motel
Square Footage 3,066
Keys 9
Beds 20
Cap Rate 15%
NOI $120,000
Occupancy 80%
Price per SqFt $261
Broker Co-Op Yes
Year Built 1948
Year Renovated 2023
Buildings 1
Stories 1
Lot Size (SqFt) 25,500
9 UNIT MOTEL TURNKEY CONDITION
Marketing description
GREAT OPPORTUNITY FOR A TURNKEY MOTEL. PROPERTY UNDERWENT A TWO-YEAR RENOVATION BRINGING THE PROPERTY TO 2022 CODE. WATER MAIN REPLACED IN 2024. UPDATED ROOF. UPDATED TANKLESS WATER HEATERS. UPDATED FIRE ESCAPE PUT INTO EVERY UNIT. MOTEL CONSISTS OF 9 UNITS, ONE BEING A LARGE SUITE WITH GRANITE COUNTERTOP KITCHEN AND 2 BEDROOMS. UNIT 7 HAS TWO BEDROOMS AND ADA COMPLIANT BATHROOM. THERE IS A LAUNDRY ROOM/ OFFICE. ALSO, AN EXTRA STORAGE ROOM THAT HOUSES THE ROUTER AND CAMERA HARD DRIVE. UPDATED PARKING LOT. EVERY UNIT HAS AN UPDATED MINI SPLIT HEAT AND AIR. THIS PROPERTY IS A RARE OFFERING FOR A CASH COW MOTEL WITH NO DEFERRED MAINTENANCE. THIS IS A MUST SEE.
Listing Contacts
Listed by Marlin Realty Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$120,000.00
$10,000.00/mo
Valuation Metrics
0
DSCR
15%
Cap Rate
15%
ROI
Map
Zoning
CC-1 CommercialGeneral CommercialCommercial Corridor District
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View all 58 uses
View all 58 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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