BACK ON MARKET!​

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Motel 6 - south​

Listing Price: $10,000,000

offered in conjunction with ramtin rafiee at BRC Advisors

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Site

Address: 1007 E Main Street, Santa Maria, CA 93454

Lot Size: 2.24 AC | 97,574 Sq. Ft

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Financial Summary

Listing Price: $10,000,000

Number of Rooms: 81 + Onsite Managers Quarters 

Cap Rate: 7.6%

Adjusted NOI: $761,714

$123,000 per room

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Additional information

Air Conditioned Rooms

Non-Smoking Rooms

Family Rooms

Total of 81 Revenue Generating Rooms

Tennis Court

Pool

Pets Allowed

Managers Quarters: 1 Bedroom, 1 Bathroom Unit (750 sq. ft.)

               *Could be expanded into adjacent room and be converted into a 2 bedroom, 2 bathroom unit*

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the area

18 + restaurants within 0.75 miles 

Presqu'ile Winery - 14 min drive

Santa Maria Valley Discovery Museum - 5 min drive

Riverbench Vineyard & Winery - 21 min drive

Waller Park - 11 min drive

Guadalupe-Nipomo Dunes - 18 min drive

Costa de Oro Winery - 5 min drive

Cottonwood Canyon Winery - 14 min drive

Boomers Santa Maria - 7 min drive

And more!

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San Luis Obispo County Regional Airport (SBP) - 31 min drive

Santa Maria Public Airport (SMX) - 12 min drive

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Hiking/biking trails nearby

Kayaking nearby

Wineries nearby

Mountain biking nearby

 

click link below for financial details