2465 El Camino Real - Hospitality FOR SALE


Santa Clara, CA 95051- Outer Santa Clara
$6,750,000 USD
408-966-5919
2465 El Camino Real, Santa Clara, CA for Sale
$6,750,000 USD
Hospitality - FOR SALE
1/26
null | Request Cap Rate

2465 El Camino Real
Santa Clara, CA 95051
Outer Santa Clara


OVERVIEW

- 100% Fee Simple Interest in a 40 Unit Motel Located at 2465 El Camino Real, Santa Clara, or redevelopment.. - 40 Units (34 – 1 Bedroom Units, 5 – Two Bedroom Units, 1 – Managers Unit Which is a 2BD/1BTH with Kitchen) - Rare Owner User Opportunity – The Property will be Delivered Vacant at the Close of Escrow. - Located One Parcel Away from the Corner of El Camino Real and San Tomas Expressway. - Large 29,000 Square Foot Lot with Redevelopment Potential, in the Community Mixed Use General Plan Designation. - The Community Mixed Use General Plan Designation is a combination of the Community Commercial and Medium Density Residential designations and is intended to encourage a mix of residential and commercial uses along major streets. - High Barrier to Entry Market with Household Income in Excess of $168,000 in a 1-Mile Radius from the Property.

FOR SALE DETAILS

PRICE

$6,750,000 USD

PRICE/SF

$537 USD /SF

# OF ROOMS

39

PRICE/ROOM

$173,077 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rare 40 Unit Motel For Sale - 0.66 AC Lot

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1958

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

28,998 SF

ZONING

MUCC

APN/PARCEL ID

216-01-041

ASK ABOUT THIS PROPERTY

David TaxinMeacham OppenheimerMore Info
408-966-5919

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David TaxinMeacham OppenheimerMore Info
408-966-5919

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