Listed by EverlyGrove Hotel Brokers
$7,900,000
Comfort Inn San Simeon
Details
APN 013071027
Property Type Hospitality
Sub Type Hotel
Square Footage 26,018
Keys 48
Brand/Tenant Comfort Inn
Pro-Forma Cap Rate 6.47%
Pro-Forma NOI $511,326
Price per SqFt $304
Year Built 1982
Year Renovated 2023
Acreage 1.000
Zoning Commercial
Parking Spaces 82 spaces
Parking Per SqFt 3.15
Offering at: $7,900,000 | 48 Keys | $164,583/key
Marketing description
Everlygrove Hotel Brokers is pleased to present the opportunity to acquire the Comfort Inn in San Simeon, California. Located along the world-renowned Pacific Coast Highway, this 48-key, 26,018-square-foot hotel sits on approximately 1.00 acre on California’s Central Coast. Please contact the broker to schedule a tour; do not visit the property unannounced. On-site ±2,500 sq. ft. restaurant space.Ideal for hotel guests seeking a convenient hospitality offering. Currently rented month to month at $3,300 per month to existing tenants. Owner pays property taxes; tenant is responsible for all other utilities. Keep as-is or redevelop into a new restaurant opportunity!
Listing Contacts
Listed by EverlyGrove Hotel Brokers
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