855 Sandalwood Dr - Hospitality FOR SALE


El Cajon, CA 92021
$7,888,888 USD
760-525-1131
855 Sandalwood Dr, El Cajon, CA for Sale
$7,888,888 USD
Hospitality - FOR SALE
1/3
null | Request Cap Rate

855 Sandalwood Dr
El Cajon, CA 92021


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 one or two class B hospitality properties totaling 47-97+ rooms. Both properties are on separate contiguous parcels totaling just over 2 acres, together comprised of approximately 38,261 square feet. 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.

FOR SALE DETAILS

PRICE

$7,888,888 USD

PRICE/SF

$432 USD /SF

# OF ROOMS

47

PRICE/ROOM

$167,849 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Clarion Pointe El Cajon San Diego East

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1963

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

C-6

APN/PARCEL ID

484-321-11

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.