9010 W Front Rd - Hospitality FOR SALE


Atascadero, CA 93422- Atascadero/Templeton
$18,500,000 USD
805-704-0334
9010 W Front Rd, Atascadero, CA for Sale
$18,500,000 USD
Hospitality - FOR SALE
1/20
null | 7.21% Cap Rate

9010 W Front Rd
Atascadero, CA 93422
Atascadero/Templeton


HIGHLIGHTS

  • Over $3.5MM in Revenue for 2024.
  • Recently completed PIP in 2021/2022

OVERVIEW

EVERLYGROVE HOTEL BROKERS is pleased to present the opportunity to acquire the Holiday Inn Express in Atascadero, CA. This 80-key, 45,000-square-foot hospitality asset sits on a 1.72-acre lot in San Luis Obispo County, offering excellent visibility and accessibility. Built in 2008 and renovated in 2021, the property is in excellent condition, featuring interior corridors, modern amenities, and sustainable energy solutions, including owned solar power and Tesla chargers.

FOR SALE DETAILS

PRICE

$18,500,000 USD

PRICE/SF

$395 USD /SF

# OF ROOMS

80

PRICE/ROOM

$231,250 {currency}

CAP RATE

7.21%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express & Suites Atascadero

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2008

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

CR

APN/PARCEL ID

056-131-024

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 Policy.