555 Camino Mercado - Hospitality FOR SALE


Arroyo Grande, CA 93420- Arroyo Grande/Nipomo
$14,000,000 USD
805-588-2533
555 Camino Mercado, Arroyo Grande, CA for Sale
$14,000,000 USD
Hospitality - FOR SALE
1/19
null | Request Cap Rate

555 Camino Mercado
Arroyo Grande, CA 93420
Arroyo Grande/Nipomo


OVERVIEW

Preyesh Patel & LPT Realty are pleased to present the opportunity to acquire the Days Inn Pismo Beach/Arroyo Grande. This 100 room hotel was recently repositioned from independent branding to Wyndham Hotels & Resorts. This property is in an excellent location, right off the 101 highway, in close proximity to beaches and downtown, and was renovated per Days Inn Brand Standards. There is a 2 bedroom/2 bathroom manager's residence on-site. Current financial performance is strong and growing, with many operational efficiencies in place. Yet the property holds significant upside potential for further growth. This investment is ideal for buyers seeking strong cash flow, brand affiliation, tourism exposure, and value-add growth in one of California's most sought-after coastal markets. Financial/Other data is available upon request. Please contact Preyesh at 805-588-2533 or preyesh@wealthcareuniversity.com for more details.

FOR SALE DETAILS

PRICE

$14,000,000 USD

PRICE/SF

$458 USD /SF

# OF ROOMS

100

PRICE/ROOM

$140,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Days Inn by Wyndham Arroyo Grande/Pismo Beach

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1984

PARKING SPACES

104

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

O

APN/PARCEL ID

007-771-042

ASK ABOUT THIS PROPERTY

Preyesh PatelLPT RealtyMore Info
805-588-2533

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Preyesh PatelLPT RealtyMore Info
805-588-2533

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