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$2,225,000
Commercial Building
9000 Sq. Ft.
ID# 187049
Year Built: 2004
On HomeFinder.com 06/07/12
93445 Real Estate Market Info
Nearby Elementary Schools
1551 17th St
2101 The Pike
1089 Baden Ave
Nearby Middle Schools
2555 S Halcyon Rd
1220 Farroll Ave
900 W Branch St
Nearby High Schools
1055 Mesa View Dr
1220 Farroll Ave
495 Valley Rd
Century 21 Hometown Commercial
CENTURY 21 Hometown Realty
P (866) 603-0886
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Description
Don't miss this one. It is an 11 Cap, based on 2012 income. The Immaculate Oceano Inn located at the entrance of the Oceano Dunes and the Beautiful Blue Pacific Ocean. This is an 18 Room motel with 1 bedroom apartment for manager. Impeccable condition, with no deferred maintenance needed. Excellent cash flow and owner financing may be available. New carpets, crown molding, granite countertops at sinks in all rooms, tv's, cable, wifi, refrigerator and microwaves. This location is a major draw for tourists with its close proximity to parks, Oceano lagoon, Oceano Airport where tourists fly in stay the night and fly out, restaurants, and your guests can experience the only drive on beach in California. (Financial Analysis is attached)
Click here to learn more about this listing.Public Facts
As provided by County Assessor and Recorder offices. May not reflect recent additions or improvements. If any of the information in this section conflicts with property information provided by the listing agent or broker, the agent-provided information should be deemed more reliable.
Century 21 Hometown Commercial
CENTURY 21 Hometown Realty
P (866) 603-0886
View Our Website View Our Listings
We hate spam too!
We hate spam, too. As a result of submitting this form, we‘ll only send you one email as confirmation that your message went through to the intended recipient, and you‘ll never hear from us again. Promise.
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