Listed by EverlyGrove Hotel Brokers
$4,450,000
Cielo House Inn
Details
APN 008101001
Property Type Hospitality
Sub Type Hotel
Square Footage 8,000
Keys 24
Pro-Forma Cap Rate 6.83%
Pro-Forma NOI $303,969
Price per SqFt $556
Year Built 1957
Year Renovated 2023
Acreage 0.790
Zoning Opportunity Zone
A Boutique Inn Near Downtown Paso Robles | 24 Keys | $197,917/key
Investment highlights
Everlygrove Hotel is pleased to present the opportunity to acquire Cielo House Inn, a 24-room hotel located in Paso Robles, California. Situated at 2749 Spring Street just outside of downtown Paso Robles, this 8,000-square-foot property sits on approximately 0.79 acres and was renovated in 2023. The offering presents a well-maintained hospitality asset in one of California’s premier wine country destinations.
Listing Contacts
Listed by EverlyGrove Hotel Brokers
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