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650 Mollison AveEl Cajon, CA 92021

97-Room Quality Inn, Value-Add Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents two Class B hotels totaling 97+ rooms and approximately 38,261 square feet. Located in El Cajon, CA, on two contiguous parcels totaling over two acres, these properties boast a prime location with convenient Interstate 8 freeway access. Originally built in 1977 and 1989, the hotels have undergone significant renovations and currently operate under the Quality Inn brand. Amenities include free Wi-Fi, parking, hot breakfast, guest laundry, fitness center, business center, on-site marketplace, outdoor pool, and hot tub. Spacious suites feature refrigerators, flat-screen TVs, and stone-tiled bathrooms; select suites offer fully equipped kitchens. The strategic location offers guests easy access to numerous San Diego attractions, including downtown San Diego (20 minutes away), Sycuan Casino Resort, San Diego State University, Lake Jennings, and local parks. This multi-tenant property presents a compelling value-add opportunity for discerning investors. The properties are situated at 650 N Mollison Ave and 850 Sandalwood Dr, El Cajon, CA 92021, with APNs 484-321-09-00 and 484-321-11-00. The combined lot size ranges from 23,036 to 76,230 square feet, and the buildings comprise three stories. This is a rare chance to acquire a well-established hospitality asset with significant upside potential in a thriving market.

Highlights

  • Value-add investment opportunity in El Cajon, CA.
  • Two Class B hotels totaling 97 keys and approximately 38,261 square feet.
  • Properties are on separate, contiguous parcels totaling over 2 acres.
  • Currently branded as Clarion Point and Quality Inn & Suites.
  • Amenities include free Wi-Fi, parking, breakfast, laundry, fitness center, business center, marketplace, pool, and hot tub.

Property Details for 650 Mollison Ave

Property type
Retail properties, Hospitality properties
Square Feet
18,279 SF
Buildings
2
Stories
3

Location Insight

City
El Cajon
County
San Diego
State
California
Latitude
32.8037175
Longitude
-116.9521253
650 Mollison Ave, El Cajon, California

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650 Mollison Ave
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