760-809-3626
3200 Carlsbad Blvd, Carlsbad, CA for Sale
Hospitality - FOR SALE
1/23
null | Request Cap Rate

3200 Carlsbad Blvd
Carlsbad, CA 92008


HIGHLIGHTS

  • Ocean View Rooms
  • 14 - King Rooms at 400 Square Feet Each - 9 - Double Queen Room at 400 Square Feet Each
  • Popular Restaurant Attached to the Hotel (Not Part of the Sale)
  • Across from One of the Best Beaches in Southern California
  • Walking Distance to Carlsbad Village Restaurants and Shopping
  • Built in 1987 | RevPar - $202 | Solar Installed in 2016 and is owned | New roof in 2020 | Commercial Condominium with an HOA 

OVERVIEW

Introducing an exceptional beachfront resort hotel investment opportunity in downtown Carlsbad, CA. This boutique resort hotel features a spacious 9,500 SF building with 23 meticulously appointed rooms, offering a lucrative investment in the thriving hospitality industry. A new roof was installed in 2020, and solar panels were installed in 2016.  The rooms and lobby area were updated in 2016/2017.   Built in 1987, this well-maintained property is perfectly positioned to capitalize on the area's tourism growth. Zoned for Hotel/Motel use, it boasts an impressive 80% occupancy rate, promising excellent returns for prospective hospitality and resort investors. With its prime location and desirable amenities, this property represents a compelling opportunity to own a premier hospitality asset in Carlsbad. PLEASE READ CAREFULLY - The property is situated in a three-parcel commercial condominium structure.  The resort hotel comprises one commercial condominium and includes the entire first floor of the structure. A second commercial condominium (not part of the sale) comprises time-share units on the second and third floors.  The third commercial condominium (also not part of the sale) comprises a restaurant on the first floor.  There is an association that manages the common areas (pool, recreation room, and underground parking).  All owners pay monthly HOA fees that cover common area maintenance, insurance, landscaping, and reserves for capital improvements.  The Average Daily Revenue (ADR) is a strong $257, and the Revenue Per Available Room (RevPAR) is $202.

FOR SALE DETAILS

PRICE

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# OF ROOMS

23

CAP RATE

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TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tamarack Beach Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1986

PARKING SPACES

54

LAND DETAILS

LAND ACRES

2.24 AC

LAND SF

97,399 SF

ZONING

C

APN/PARCEL ID

204-124-01-01,204-124-55,204-124-56

ASK ABOUT THIS PROPERTY

Craig StewartACRE Investment Real Estate ServicesMore Info
760-809-3626

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Craig StewartACRE Investment Real Estate ServicesMore Info
760-809-3626

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