For Sale
$3,590,000
3548 Spring St Paso Robles, CA 93446
Profitable 15-key motel in prime location.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- Turn-key hospitality property, Wine Country Inn, offering a strong NOI of $243,305 and a 6.78% cap rate.
- Located on a 0.39-acre lot (16,987 sq ft) at 3548 Spring St, Paso Robles, CA 93446.
- 15-key motel (4,838 sq ft) with two single-story buildings, extensively renovated in 2023.
- Asking price: $3,590,000 ($239,333 per key).
- Fee-simple ownership.
Property Details for 3548 Spring St
- Property type
- Hospitality properties, Motels
- Square Feet
- 4,838 SF
- Year Built/Renovated
- 1963/2023
- Buildings
- 2
- Stories
- 1
Location Insight
- City
- Paso Robles
- County
- San Luis Obispo
- State
- California
- Latitude
- 35.651340099264
- Longitude
- -120.69342636143
Nearby Similar for Sale
FAQs
- What type of property is this?
- Hospitality property - Profitable 15-key motel in prime location.
- Where is the hospitality property located?
- The property is located at 3548 Spring St Paso Robles, CA.
- What is the asking price?
- The asking price for this property is $3,590,000.
- What are key features of this property?
- This property features: Turn-key hospitality property, Wine Country Inn, offering a strong NOI of $243,305 and a 6.78% cap rate.; Located on a 0.39-acre lot (16,987 sq ft) at 3548 Spring St, Paso Robles, CA 93446.; 15-key motel (4,838 sq ft) with two single-story buildings, extensively renovated in 2023.
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