The Coalinga Motel 698 E Polk St
14 Room Hotel Coalinga, CA 93210 $899,000 ($64,214/Room)
Executive Summary
Coalinga Motel is a good cash flowing property, and is close to 100% occupancy from March through October. Six units have full kitchens, two units are 2 bedrooms 1 bath and one unit is ADA. It has solar panels that are completely paid for, and the manager’s quarters include 2 bedrooms, 1.5 bathrooms, a kitchen and living room, and is connected to the office.
Property Facts
Price | $899,000 |
Price Per Room | $64,214 |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 0.46 AC |
Building Size | 6,897 SF |
No. Rooms | 14 |
No. Stories | 1 |
Year Built | 1950 |
Parking Ratio | 2.46/1,000 SF |
Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Guest Room | 14 | $65.00 | - |
1 of 1
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $506,535 | |
Land Assessment | $141,010 | Total Assessment | $647,545 |
zoning
Zoning Code | C5 (rezoned residential multi family) |