16352 Sierra Hwy - Hospitality FOR SALE


Mojave, CA 93501
$1,988,000 USD
818-636-2765
16352 Sierra Hwy, Mojave, CA for Sale
$1,988,000 USD
Hospitality - FOR SALE
1/22
null | Request Cap Rate

16352 Sierra Hwy
Mojave, CA 93501


HIGHLIGHTS

  • Absentee Owned and Managed
  • Excellent Owner Operator Potential
  • Flag Possibility
  • Two Bedroom Manager Residence

OVERVIEW

Re/Max Commercial’s Hospitality Group, as the sole and exclusive agent for the owner, has been retained to offer for sale a fee simple interest in the 28-room Aerospace Inn in Mojave. An absentee owner, managed by a manager, is conveniently located on California State Route 14 (SR 14), which starts at Interstate 5 (I-5) in Los Angeles and ends at U.S. Route 395 (US 395). Aerospace Inn has a two-bedroom manager’s residence, which has a tremendous upside with an owner-operator. All the rooms are fully renovated. The property features a pool and a two-story U-shaped exterior corridor building. All the TV, washer-dryer, ice machine, and a couple of water heaters (each holding 100 gallons) are new. Every room is equipped with a refrigerator, TV, microwave, coffee maker, alarm clock, and hair dryer. A small, open-air eating area with BBQ facilities is available for guests' entertainment. An in-house laundry facility is available. A budget-conscious traveler gets a large, clean, comfortable room for a good night's sleep. The unflagged Aerospace Inn is conveniently situated in the heart of the Mojave Desert on SR 14; it is only 1.3 miles from the Mojave Air and Space Port for aerospace activities and maintenance of commercial aircraft, walking distance to restaurants, shopping, and convenience stores. A few other attractions include: Willow Springs International Raceway, which is only 19 miles away, Edwards Air Force Base, which is only 24 miles away, and the Edward Flight Test Museum, which is 25 miles away.

FOR SALE DETAILS

PRICE

$1,988,000 USD

PRICE/SF

$209 USD /SF

# OF ROOMS

28

PRICE/ROOM

$71,000 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Aerospace Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1990

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

C-2 PD H F

APN/PARCEL ID

236-102-15-00-6

ASK ABOUT THIS PROPERTY

Asok AgarwalRe/Max CommercialMore Info
818-636-2765

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Asok AgarwalRe/Max CommercialMore Info
818-636-2765

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.