2124 Fremont St - Hospitality FOR SALE


Monterey, CA 93940
$11,000,000 USD
408-230-8706
2124 Fremont St, Monterey, CA for Sale
$11,000,000 USD
Hospitality - FOR SALE
1/3
null | 7.07% Cap Rate

2124 Fremont St
Monterey, CA 93940


HIGHLIGHTS

  • Convenient access to Fisherman’s Wharf, Monterey Peninsula Airport, and Del Monte Golf Course
  • Swift proximity to Monterey State Beach and Cabrillo Highway, ensuring easy travel around the area

OVERVIEW

Colliers is pleased to solicit offers to acquirethe free-simple interest in the privataly owned Motel 6 in Monterey, California. Convenient access to Fisherman's Wharf, Monterey Penninsula airport, and Del Monte Golf Course. Swift proximity to Monterey State Beach and Cabrillo highway, ensuring easy travel around the area.

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/SF

$844 USD /SF

# OF ROOMS

53

PRICE/ROOM

$207,547 {currency}

CAP RATE

7.07%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Motel 6 Monterey, CA

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1963

PARKING SPACES

53

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,026 SF

ZONING

5N

APN/PARCEL ID

013-181-009-000

ASK ABOUT THIS PROPERTY

Kamlesh PatelColliersMore Info
408-230-8706

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Kamlesh PatelColliersMore Info
408-230-8706

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