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NEW PRICE - RARE 40 UNIT MOTEL - 0.67 AC 2465 El Camino Real 39 Room Hotel Santa Clara, CA 95051 $5,200,000 ($133,333/Room)
Executive Summary
-40 Unit Motel Located at 2465 El Camino Real, Santa Clara, or redevelopment.
- 40 Units (34 – 1 Bedroom Units, 5 – Two Bedroom Units, 1 – Managers Unit Which is a 2BD/1BTH with Kitchen)
- Rare Owner User Opportunity
- Located One Parcel Away from the Corner of El Camino Real and San Tomas Expressway.
- Large 29,000 Square Foot Lot with Redevelopment Potential, in the Community Mixed Use General Plan Designation.
- The Community Mixed Use General Plan Designation is a combination of the Community Commercial and Medium Density Residential designations and is intended to encourage a mix of residential and commercial uses along major streets.
- High Barrier to Entry Market with Household Income in Excess of $168,000 in a 1-Mile Radius from the Property.
- 40 Units (34 – 1 Bedroom Units, 5 – Two Bedroom Units, 1 – Managers Unit Which is a 2BD/1BTH with Kitchen)
- Rare Owner User Opportunity
- Located One Parcel Away from the Corner of El Camino Real and San Tomas Expressway.
- Large 29,000 Square Foot Lot with Redevelopment Potential, in the Community Mixed Use General Plan Designation.
- The Community Mixed Use General Plan Designation is a combination of the Community Commercial and Medium Density Residential designations and is intended to encourage a mix of residential and commercial uses along major streets.
- High Barrier to Entry Market with Household Income in Excess of $168,000 in a 1-Mile Radius from the Property.
Property Facts
| Price | $5,200,000 | Building Size | 12,580 SF |
| Price Per Room | $133,333 | No. Rooms | 39 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1958 |
| Property Subtype | Hotel | Parking Ratio | 2.38/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.67 AC | ||
| Zoning | MUCC - Mixed Use Community Commercial | ||
| Price | $5,200,000 |
| Price Per Room | $133,333 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.67 AC |
| Building Size | 12,580 SF |
| No. Rooms | 39 |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 2.38/1,000 SF |
| Corridor | Exterior |
| Zoning | MUCC - Mixed Use Community Commercial |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 39 | $100.00 | - |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 216-01-041 | Improvements Assessment | $400,778 |
| Land Assessment | $170,708 | Total Assessment | $571,486 |
Property Taxes
Parcel Number
216-01-041
Land Assessment
$170,708
Improvements Assessment
$400,778
Total Assessment
$571,486
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