290 Atascadero Rd - Hospitality FOR SALE


Morro Bay, CA 93442
$6,900,000 USD
805-704-0334
290 Atascadero Rd, Morro Bay, CA for Sale
$6,900,000 USD
Hospitality - FOR SALE
1/15
null | 5.65% Cap Rate

290 Atascadero Rd
Morro Bay, CA 93442


HIGHLIGHTS

  • Convenient Location
  • Turn Key
  • Minutes away from Morro Bay Embarcadero

OVERVIEW

EVERLYGROVE HOTEL BROKERS is pleased to announce the opportunity to acquire the fee-simple interest in the Morro Shores Inn in Morro Bay, CA. Within a thriving San Luis Obispo coastal locale with many attractions, the 34-key, 14,867 square-foot hotel is established on 0.69 acres in San Luis Obispo County, California. Please contact broker to make an appointment, do not go to the property unannounced.

FOR SALE DETAILS

PRICE

$6,900,000 USD

PRICE/SF

$406 USD /SF

# OF ROOMS

30

PRICE/ROOM

$230,000 {currency}

CAP RATE

5.65%

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Morro Shores Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

2007

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

-

APN/PARCEL ID

066-332-011

ASK ABOUT THIS PROPERTY

Aaron GravesEverlyGrove Hotel BrokersMore Info
805-704-0334

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Aaron GravesEverlyGrove Hotel BrokersMore Info
805-704-0334

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