Value Add Opportunity - Choice Hotels Hospitality FOR SALE


El Cajon, CA
$15,000,000 USD
760-525-1131
, El Cajon, CA for Sale
$15,000,000 USD
Hospitality - FOR SALE
1/2
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Value Add Opportunity - Choice Hotels
El Cajon, CA


HIGHLIGHTS

  • Stable, cash flowing hospitality asset
  • Upside potential
  • Opportunity to create value by adaptively reusing the improvements for an alternative use.

OVERVIEW

Commercial Asset Advisors, as the exclusive marketing advisor to the Seller, is pleased to present to qualified investors and owner-users, the outstanding opportunity to acquire Two class B hospitality properties totaling 97+ rooms and approximately 38,261 square feet square feet. Both properties are on separate contiguous parcels totaling just over 2 acres. Originally built in 1977 and 1989 respectively, ownership has invested significantly in renovations during its operations. The hotels are currently branded as Clarion Pointe and Quality Inn & Suites with essential amenities that include free WiFi, free parking, free hot breakfast, guest laundry facilities, a fitness center, a business center, an on-site marketplace, and an outdoor pool and hot tub facility. These spacious modern suites include a refrigerator, flat-screen TV, and stone-tiled bathrooms. Select suites have fully equipped kitchens with a stove-top and an oven, hot tubs, and a seating area with a sofa. The subject property is located in El Cajon with convenient Interstate 8 freeway access, this location offers guests easy access to the multitude of tourist attractions San Diego and East County have to offer. 20 minutes from downtown San Diego, and a short drive to Sycuan Casino Resort, San Diego State University, Lake Jennings, and local regional parks.

ASK ABOUT THIS PROPERTY

Todd SimonsenCommercial Asset AdvisorsMore Info
760-525-1131

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Todd SimonsenCommercial Asset AdvisorsMore Info
760-525-1131

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