This is a rare opportunity for an investor to acquire a hotel with a low downpayment, low monthly lease payments and zero property tax payments affording the investor time to inject money into the hotel and build up the business before executing a purchase.
The Lamplighter Inn is a beautiful 54-room hotel that includes a 2-bedroom, 2-bathroom apartment unit in a prime location near downtown San Luis Obispo (SLO) in central California.
Amenities include a swimming pool, spa, breakfast room, and elevator.
San Luis Obispo is home to Cal Poly, one of the top universities in California and a short drive to many tourist hotspots such as Pismo Beach,
Avila Beach, Morro Bay and Cambria.
Along with the beach towns, the Central Coast is also famous for its many wineries that draw wine enthusiasts from all over the globe to wineries in
Paso Robles, Santa Maria and Santa Ynez Valley to name a few.
Website: https://www.lamplighterinnslo.com