475 N San Jacinto St - Hospitality FOR SALE


Hemet, CA 92543- Outer San Jacinto
$2,500,000 USD
714-833-6449
475 N San Jacinto St, Hemet, CA for Sale
$2,500,000 USD
Hospitality - FOR SALE
1/20
null | Request Cap Rate

475 N San Jacinto St
Hemet, CA 92543
Outer San Jacinto


OVERVIEW

Independent Motel 16 Units (10 rooms + 6 apartment style suites with separate living room, kitchen, dining area & bedroom + bathroom) including manager's unit & office. Busy corner near Walmart/Walgreens restaurants & other services. Several units have private patios/backyards. All information is deemed reliable and was provided by the owner and is subject to change; the broker cannot make any warranty or guarantee. Property sold in its absolute, as-is condition. Business is from 2018 to 2022 were appx 300k per year, except 2020 due to the pandemic. Run by 70 year old couple. current business is 220k per year. Call for more detail.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$263 USD /SF

# OF ROOMS

15

PRICE/ROOM

$166,667 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Riverside Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1955

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

C1

APN/PARCEL ID

445-102-017

ASK ABOUT THIS PROPERTY

Bansari PatelModha Realty, Inc.More Info
714-833-6449

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Bansari PatelModha Realty, Inc.More Info
714-833-6449

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