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1549 E Main Street - Ha' Penny Inns, El Cajon, CA

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1549 E Main Street - Ha' Penny Inns

El Cajon, CA 92021-5902 - East County Submarket

Property Type:Hospitality Number of Rooms:75 Status:Existing Year Built:1973
Stories:2 Building Size:35,716 SF Land Area:2 AC (87,120 SF)
For Sale Price:$6,500,000 Price/Room:$86,667 Cap Rate:5.00 %

Parking:2.09 Parking Spaces / 1,000 SF

Property Description: 76-UNIT MOTEL

Sale Notes:
2 acre parcel with 35,716 square feet of improvements. 75 units; long term and short term tenants. Owner has reinvested in property continuously. Many units upgraded. Various sizes and rental rates. Nearly fully occupied. Currently operated as the Ha' Penny Inn LLC.
On East Main Street in El Cajon. Exit N. 2nd Street to the south, then turn east on E. Madison, and left on E. Main Street.1549 E. Main is on the right.

Nearly 100% Occupied Well maintained and upgraded Meticulous on site management Abundant on site parking with on site laundry and pool Close to various retail amenities and freeway access Do not disturb occupants or staff

Coldwell Banker Commercial
Mike A Habib
(619) 463-6600

Alice Kulikowski
(619) 460-6600

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