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29850 Circle R Way - Tuscany Hills Resort, Escondido, CA

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29850 Circle R Way - Tuscany Hills Resort

Escondido, CA 92026-5901 - Outlying SD County N Submarket

Property Type:Hospitality Number of Rooms:30 Status:Existing Year Built:1985
Stories:2 Building Size:21,171 SF Land Area:3.7 AC (161,172 SF)
For Sale Price:$8,450,000 Price/Room:$281,667 Cap Rate:6.00 %

Parking:1.42 Parking Spaces / 1,000 SF

Subject property is located in the beautiful hills of North San Diego County, 15 minutes from the beaches of Oceanside. Property is just 20 minutes from Temecula wineries and Harrah's casino. It was originally approved for 62 units and presently half are constructed. The Property features a Fear Factor course, fitness center, spa, restaurant, bar, conference meeting rooms, 4 hot soaking pools, tennis courts, private 3 bedroom 3 bath owner's villa overlooking the 10th tee. Property is adjacent to the 18 hole championship golf course. This property is ideal for corporate or church retreats, wellness center, timeshare development, destination health spa, or a hideaway for VIP's and Celebrities. Property includes costs for architectural and engineering plans.

Sale Notes:
The Tuscany Hills Resort is a spectacular Resort & Spa in Escondido, California. The Resort has 30 Suites, 1 reception suite, a Private 3 Bedrooms Villa, a nearby 18-Hole Golf Course, Exercise Room, SPA, Swimming Pool, Hot-Pool, etc. The Resort is approved for building 32 Additional Suites. The Restaurant, the Meeting-Room, and SPA could be remodeled / upgraded by the Buyer depending on her/his needs. The Resort is located in close to major attraction areas such as but not limited to: Escondido, Temecula, within 12 miles from the California Center of the arts, San Diego Zoo Safari, Fallbrook Winery, Ferrara Winery, Pechanga Casino, Pala Casino, and Harrah's Rincorn Casino. The Resort is a great location for wedding Parties, Corporate Meeting Events, Golf Tournaments, and vacational retreats

Osama Alkasabi
Osama Alkasabi
(858) 337-3772

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