Aaron Graves - Commercial Real Estate Showcase

Aaron Graves Property Listings
Broker Associate
Triad Real Estate & Investment Group
2436 Broad St
San Luis Obispo, CA 93401

9260 Castillo Drive - El Rey Garden Inn

San Simeon, CA 93452 - Coastal SLO Submarket

Property Type:Hospitality Number of Rooms:55 Status:Existing Year Built:-
Stories:2 Building Size:18,020 SF Land Area:.47 AC (20,682 SF)
For Sale Price:$7,495,000 Price/Room:$136,273 Cap Rate:12.00 %

Parking:1.41 Parking Spaces / 1,000 SF

Sale Notes:
Located just 4 miles from the world famous Hearst Castle and a short walk to the beach, the Quality Inn San Simeon is a 55 key, fee-simple property, with full service restaurant attached. The hotel offers a diverse mix of room types including gas fireplaces and jacuzzi bath tubs. Additional amenities consist of heated swimming pool, spa and continental breakfast room. Included with the sale is ownership of adjacent restaurant building known as the Manta Rey which is leased and operated by a successful local restaurateur.

Triad Real Estate & Investment Group
Aaron Graves
(805) 544-5500

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