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Hotel Avanti 1107 N Broadway 27 Room Hotel Santa Maria, CA 93454 $5,500,000 ($203,704/Room)
Investment Highlights
- Newly renovated!
- High traffic area!
- Premium bathroom finishes.
Executive Summary
EVERLYGROVE HOTEL BROKERS is pleased to present the opportunity to acquire Hotel Avanti, a newly renovated hospitality asset in Santa Maria, CA. Positioned along the bustling Broadway corridor in Santa Barbara County, this 27-key, 6,000-square-foot hotel sits on a 22,500-square-foot lot. The property benefits from recent renovations in 2024, modern amenities, and a prime location with convenient access to local attractions. The offering also includes a separate parcel of land located next to the hotel, providing additional flexibility and potential for future development. Overall, investment profile and long-term upside of Hotel Avanti.
Data Room Click Here to Access
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $5,500,000 | Building Size | 6,000 SF |
| Price Per Room | $203,704 | No. Rooms | 27 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1970/2024 |
| Property Subtype | Hotel | Parking Ratio | 5.33/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.61 AC | ||
| Zoning | C-2 - General Commercial District | ||
| Price | $5,500,000 |
| Price Per Room | $203,704 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.61 AC |
| Building Size | 6,000 SF |
| No. Rooms | 27 |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2024 |
| Parking Ratio | 5.33/1,000 SF |
| Corridor | Exterior |
| Zoning | C-2 - General Commercial District |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $183.00 | - |
| Guest Room | 25 | $160.00 | - |
1 1
Walk Score®
Very Walkable (80)
Property Taxes
| Parcel Numbers | Total Assessment | $1,149,468 | |
| Land Assessment | $596,422 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $553,046 | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$596,422
Improvements Assessment
$553,046
Total Assessment
$1,149,468
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Hotel Avanti | 1107 N Broadway
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