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1788 Palm Avenue - Super 8 Motel, San Diego, CA

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1788 Palm Avenue - Super 8 Motel

San Diego, CA 92154-1149 - San Ysidro/Imperial Beach Submarket

Property Type:Hospitality Number of Rooms:61 Status:Existing Year Built:1987
Stories:2 Building Size:42,688 SF Land Area:.98 AC (42,689 SF)
For Sale Price:$6,200,000 Price/Room:$101,639 Cap Rate:8.18 %

Parking:2.48 Parking Spaces / 1,000 SF

Property Description: Motel

Sale Notes:
Marcus & Millichap is pleased to present The Super 8 San Diego / Imperial Beach hotel, located in 1788 Palm Avenue, San Diego, California. The subject property is a 61-room, two-story interior corridor, and sits on 0.98 acres that just finished a complete interior and exterior remodel.

Each guest room features TV/cable, free high-speed internet access, sitting area, microwave and refrigerator. The hotel also offers smoking and non-smoking room options, and wheelchair accessible rooms. Amenities at the hotel include free breakfast, free high-speed Internet access, refreshing outdoor swimming pool, free parking, and vending machines.

The Super 8 San Diego / Imperial Beach hotel is conveniently located off Interstate 5, minutes from beautiful Imperial Beach and just four miles from the Mexican border and Tijuana shopping district. This asset benefits from its excellent location, few minutes to many area points of interest, which include Sea World, San Diego Zoo, Knott' s Soak City Waterpark, downtown San Diego, Old Town and the Gaslamp District.

Marcus & Millichap
Sarhan Mheni
(818) 212-2807

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