2749 Spring St - Hospitality FOR SALE


Paso Robles, CA 93446
$4,750,000 USD
805-704-0334
2749 Spring St, Paso Robles, CA for Sale
$4,750,000 USD
Hospitality - FOR SALE
1/9
null | 6.4% Cap Rate

2749 Spring St
Paso Robles, CA 93446


HIGHLIGHTS

  • 24-room motel located just outside downtown Paso Robles, positioned in a strong wine-country tourism market

OVERVIEW

Everlygrove Hotel is pleased to present the opportunity to acquire Cielo House Inn, a 24-room hotel located in Paso Robles, California. Situated at 2749 Spring Street just outside of downtown Paso Robles, this 8,000-square-foot property sits on approximately 0.79 acres and was renovated in 2023. The offering presents a well-maintained hospitality asset in one of California’s premier wine country destinations.

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$594 USD /SF

# OF ROOMS

24

PRICE/ROOM

$197,917 {currency}

CAP RATE

6.4%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cielo House Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

PD

APN/PARCEL ID

008-101-001

ASK ABOUT THIS PROPERTY

Aaron GravesEverlyGroveMore Info
805-704-0334

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Aaron GravesEverlyGroveMore Info
805-704-0334

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