180 S Sanborn Rd - Hospitality FOR SALE


Salinas, CA 93905- Greater Salinas
$4,950,000 USD
949-622-3406
180 S Sanborn Rd, Salinas, CA for Sale
$4,950,000 USD
Hospitality - FOR SALE
1/7
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180 S Sanborn Rd
Salinas, CA 93905
Greater Salinas


HIGHLIGHTS

  • Seller Financing Available
  • Clean Lender REO Disposition
  • 59 Keys Below Replacement Cost
  • Stripped-to-Walls = Clean PIP

OVERVIEW

Atlas Hospitality Group is pleased to present the Sanborn Inn — a 59-unit, 17,100 SF limited-service hotel in California's most active agricultural workforce housing market. This opportunity provides a clean lender REO with vacant possession at closing — fully repositionable, free of operating obligations, and priced at a meaningful discount to California replacement cost. Favorable Seller financing is available.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$205 USD /SF

# OF ROOMS

59

PRICE/ROOM

$83,898 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sanborn Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1988

PARKING SPACES

59

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

CT/AT

APN/PARCEL ID

003-883-027-000

ASK ABOUT THIS PROPERTY

Robert FeistAtlas Hospitality GroupMore Info
949-622-3406

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Robert FeistAtlas Hospitality GroupMore Info
949-622-3406

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