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26881 Twenty Mule Team Rd
Boron, CA 93516

Turnkey Motel | 18-Keys | Highly Traveled HWY · Hospitality Property For Sale · 5,919 SF

INVESTMENT HIGHLIGHTS

  • Turnkey Motel | Business & Real Estate for Sale | 18-Keys/Rooms + Management Office + Residence Living Quarters
  • Routine corporate customers from local mine | Business & Property included in listing price
  • Located on heavily traveled California State Route 58 | Paved drive-up access to rooms | On hard corner lot
  • Building Area (sq ft): 5,919 | Lot Size: 0.36 acres (another 0.33 acres on truck parking lot parcel, included in listing price)
  • Rates are currently below market | Upside to increase rates
  • ***Call Listing Broker for scheduling viewing property.? DO NOT DISTURB EMPLOYEES, OWNER, NOR CLIENTELE.? PER SELLER'S REQUEST, DO NOT DISCUSS THE TRA

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.35 AC
Building Size 5,919 SF
No. Stories 1
Year Built 1960
Parking Ratio 2.2/1,000 SF
Corridor Exterior

ABOUT 26881 TWENTY MULE TEAM RD , BORON, CA 93516

NDA for Offering Memorandum / Marketing Package and Seller Disclosure Documents: - Ideal purchase for Proposition 1 | Prop 1 is a two-bill package including the Behavioral Health Services Act (BHSA) (Senate Bill 326) and the Behavioral Health Infrastructure Bond Act of 2024 (BHIBA) (Assembly Bill 531) - Turnkey Motel | Business & Real Estate for Sale *****SELLER FINANCING (up to 70% of purchase price)******* 18-Keys/Rooms + Management Office + Residence Living Quarters Building Area (sq ft): 5,919. Lot Size: 0.36 acres (another 0.33 acres on truck parking lot parcel, included in listing price) Routine corporate customers from local mine Business & Property included in listing price Rates are currently below market Upside to increase rates Expandable to add more rooms, on 0.33 acres on neighboring truck parking lot parcel, included in listing price Two large storage buildings/garage with car parking  Three bedroom living space  2 large lots for truck parking Located on heavily traveled California State Route 58 Paved drive-up access to rooms On hard corner lot Year Built: 1960 Cooling: Evaporative Cooler Construction: Wood Zero advertising as business is well known & loved in community Video security camera system | no audio Grandfathered highly visible signage ***Call Listing Broker for scheduling viewing property. DO NOT DISTURB EMPLOYEES, OWNER, NOR CLIENTELE. PER SELLER'S REQUEST, DO NOT DISCUSS THE TRANSACTION***- Behavioral Health Continuum Infrastructure Program DHCS was authorized through?2021?legislation?to establish the Behavioral Health Continuum Infrastructure Program (BHCIP) and award $2.2 billion to construct, acquire, and expand properties and invest in mobile crisis infrastructure related to behavioral health. DHCS has been releasing these funds through multiple grant rounds targeting various gaps in the state’s behavioral health facility infrastructure. In March 2024, California voters passed Proposition 1, a two-bill package including the Behavioral Health Services Act (BHSA) (Senate Bill 326) and the Behavioral Health Infrastructure Bond Act of 2024 (BHIBA) (Assembly Bill 531). The BHIBA portion is a $6.38 billion general obligation bond to develop an array of behavioral health treatment, residential care settings, and supportive housing to help provide appropriate care facilities for Californians experiencing mental health conditions and substance use disorders. DHCS was authorized to award up to $4.4 billion in BHIBA funds for BHCIP competitive grants. In addition, DHCS will enact changes resulting from Proposition 1 through the Behavioral Health Transformation (BHT) project, which aims to modernize the behavioral health delivery system, improve accountability, increase transparency, and expand capacity of behavioral health care facilities for California residents….

PROPERTY TAXES

ZONING

Zoning Code C-2
  • Listing ID: 30638493

  • Date on Market: 1/11/2024

  • Last Updated:

  • Address: 26881 Twenty Mule Team Rd, Boron, CA 93516