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Property Detail

160 Lincoln Rd E, Vallejo, CA 94591, USA
Highly visible from Freeway.
$5,950,000

Description

INVESTMENT HIGHLIGHTS

  • Right off of I-80W exit Magazine St
  •  
  • Rarely available piece of land in a prime location

EXECUTIVE SUMMARY

44 Units motel very popular in the area with approx half of the rooms have kitchennette. Plenty of land to build another hotel or redevelop the entire piece of land into new hotels or apartment complex, please check with city of Vallejo for options available. Plans were submitted for rebuilding of 16 room that were lost in fire in 2017 but the project could not be completed due to insufficient insurance claim. Right of the Interstate I-80 exit Magazine st. Very high shared Pol sign visible from Freeway. the current ownership has been doing ongoing renovations since they purchased and have spent over half a million on the motel to bring it to the current condition. Looking for the new energy to take it to the next level of development.LA has interest in the Property. Buyer agent comm is 2%
 

ROOM MIX INFORMATION

DESCRIPTIONNO. ROOMSDAILY RATESF
Guest Room60$52.00

 

PROPERTY TAXES

 

Din Sharma

+1 707-365-9385

 

Specification

General

  • 56028
  • 2.5600
  • Investment
  • CF, Vallejo (Commercial Hotel/Motel)
  • 1956
  • 60

Financials

  • 8.55

Hospitality

Carquinez Inn

Listing ID : 00177

SKU: 177

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