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256 Front St
Avila Beach, CA 93424
256 Front Street · Hospitality Property For Sale · 32 Rooms
PROPERTY FACTS
| Property Type | Hospitality | No. Rooms | 32 |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | B | Year Built/Renovated | 1965/2018 |
| Lot Size | 0.30 AC | Parking Ratio | 1.88/1,000 SF |
| Building Size | 14,860 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.30 AC |
| Building Size | 14,860 SF |
| No. Rooms | 32 |
| No. Stories | 3 |
| Year Built/Renovated | 1965/2018 |
| Parking Ratio | 1.88/1,000 SF |
| Corridor | Interior |
Amenities
- Balcony
- High Speed Internet Access
- Patio
- Public Access Wifi
About 256 Front St , Avila Beach, CA 93424
The Inn is a rare direct oceanfront hotel on incredible Avila Beach. Very unique boutique oceanfront hotel with huge repeat guest following, Birthday and Anniversary special occasion guest. Industry-leading $72 ,413 per room revenue/$270 ADR/$800k /40%NOI ..(CPA audited and prepared financials)... Just completed major $2m plus renovation. LARGE IMMEDIATE UPSIDE, we took the three largest suites out order five yrs ago and created beautiful oceanfront owners penthouse, you can either have your own oceanfront getaway or put suites back inventory and receive immediately $240k/$100k NOI additional revenue. Too many features to list, but it has a full-service coffee bar on the roof (Joe mommas Coffee) complimentary for hotel guests, only area hotel with onsite liquor license selling 60 different local wines. Most suites and rooms have fireplaces and large two person jacuzzi tubs. Plus great misc income with $20k ATT cell tower lease, wine sales , logo clothing. Must see appreciate location and unique Special occasion guest suites.
PROPERTY TAXES
| Parcel Number | 076-222-017 | Improvements Assessment | $4,841,000 |
| Land Assessment | $11,730,000 | Total Assessment | $16,571,000 |
PROPERTY TAXES
zoning
| Zoning Code | CR |
| CR |
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