This Hotel & Motel Property is Off-Market.

210 Esplanade
Capitola, CA 95010 ·

10 Rooms · Hotel & Motel For Sale

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Capitola Hotel

Price N/A No. Stories 2
No. Rooms 10 Year Built 1946
Building Size 1,530 SF Corridor Interior
Property Type Hotel & Motel Lot Size 1,568 SF
Property Sub-type Economy/Limited Service APN / Parcel ID 035-221-08
Property Use Type Investment
Listing ID: 18182687 Date Created: 05/21/2013 Last Updated: 07/29/2015

Description

The Capitola Hotel is a boutique 10 unit property located in the charming beach village of Capitola, California. Having undergone major renovations over the past few years, the hotel is in excellent condition.

The Capitola Hotel itself is located in the Village amidst various art galleries, boutique stores, and restaurants. Furthermore, it is just a stone's throw away from the beach, which is bustling with people on sunny days.

Capitola is a beach village in Santa Cruz County on the Monterey Bay. A charming and attractive city in its own right, Capitola is just ten minutes away from the city of Santa Cruz, an hour away from San Jose, and an hour and a half away from San Francisco. Because of its excellent location, Capitola enjoys tourism from all over the state, country, and world.

Some of the city's local attractions are the Capitola Wharf, Capitola Village, and the beautiful scenic Capitola Beach. The Capitola Hotel itself is located in the Village amidst various art galleries, boutique stores, and restaurants. Furthermore, it is just a stone's throw away from the beach, which is bustling with people on sunny days. Capitola also hosts events such as the annual Begonia Festival and the annual Capitola Art & Wine Festival, both of which attract numerous vendors and visitors. Other attractions include the Capitola Historical Museum and the Capitola Mall.

Highlights

  • 10 unit boutique hotel located on the Esplanade, right across the street from the beach
  • Centrally located amidst various art galleries, boutique shops, and restaurants
  • 2013 New Operating Income: $230,000
  • Room Revenue of $40,000 per unit
  • Property is in very good condition

Research

210 Esplanade, Capitola, CA 95010 (Santa Cruz County)

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