1107 N Broadway - Hospitality FOR SALE


Santa Maria, CA 93454
$5,695,000 USD
805-704-0334
1107 N Broadway, Santa Maria, CA for Sale
$5,695,000 USD
Hospitality - FOR SALE
1/135
null | 7% Cap Rate

1107 N Broadway
Santa Maria, CA 93454


HIGHLIGHTS

  • Newly renovated!
  • Premium bathroom finishes.
  • High traffic area!

OVERVIEW

EVERLYGROVE HOTEL BROKERS is pleased to present the opportunity to acquire Hotel Avanti, a newly renovated hospitality asset in Santa Maria, CA. Positioned along the bustling Broadway corridor in Santa Barbara County, this 27-key, 6,000-square-foot hotel sits on a 22,500-square-foot lot. The property benefits from recent renovations in 2024, modern amenities, and a prime location with convenient access to local attractions.

FOR SALE DETAILS

PRICE

$5,695,000 USD

PRICE/SF

$949 USD /SF

# OF ROOMS

27

PRICE/ROOM

$210,926 {currency}

CAP RATE

7%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hotel Avanti

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1953

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

C-2

APN/PARCEL ID

119-086-004,119-086-005

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.