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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:7.13 %

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 investment is a boutique hotel with upside potential situated in the beautiful hills of North San Diego County. Tuscany Hills
Retreat is located in Escondido, CA right off Interstate 15 just 20 min from Temecula Valley Wine Country and the beaches in
Oceanside. The hotel consists of 30 rooms plus a 3 bed/ 3 bathroom private owner’s villa, a restaurant, bar, conference/banquet
facilities, a large pool and 4 cascading lounge pools. Entitlements for 32 additional units with architectural plans are included.
Adjacent to an 18-hole Championship Golf Course with spectacular mountain views, in close proximity to Golden Door - The #1
Destination Spa In The World. An ideal location for weddings, corporate or church retreats, golf tournaments, a wellness center, or health spa retreat. SigniIcant upside available in untapped opportunities to add value.

NAI Northern California
John Alanis
(510) 206-6511

Tony Alanis
(415) 704-8794

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