Basics
| Date added Added 5 hours ago | Category Commercial Property | Type Commercial Sale | Status Active |
| Lot size 15647 sq ft | Year built 1964 | Listing source MLSL | MLS ID ML82020072 |
Description
-
Description:
Now available: a rare opportunity to acquire a well-maintained 25-unit boutique motel in the heart of Salinas, California. This well-maintained, two-story motel features an on-site office with the owners' living quarters, including 2 bedrooms, 2 bathrooms, a spacious kitchen & family room combo, and a separate living room. Recent upgrades to the entire building include double-pane windows throughout, a 400-amp electrical system, updated plumbing with a water softening system, an oversized water heater with room for expansion, and ongoing regularly scheduled maintenance of each unit. The roof was serviced in 2014, and the property was fumigated both recently and historically. Excellent opportunity for investors and operators exploring H-2A/ Extended-Stay Housing. The City of Salinas has approved an Extended Stay Program, creating added potential for farm labor housing and workforce accommodations. This property presents a unique opportunity to capitalize on the growing demand for agricultural workforce lodging within the Salinas Valley. - The seller is open to carrying a portion of the purchase price for qualified buyers. Attractive terms and a flexible structure may be considered.
Location
- County: Monterey
- Directions: Google/ Apple Maps
Building Details
- Parking spaces: 25
- New construction: No
- Heating: Other
- Roof: Composition
Video
- Virtual tour: https://Tours.MontereyBayVirtualTours.com/292167
- Virtual tour: https://Tours.MontereyBayVirtualTours.com/idx/292167
Amenities & Features
- Waterfront: No
- Garage: No
- Attached garage: No
- Fireplace: No
- Private pool: No
- Cooling: Window/Wall Unit
- Security features: Fire Alarm
- Utilities: Public Utilities, Water - Public