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Morro Shores Inn & Suites 290 Atascadero Rd 30 Room Hotel Morro Bay, CA 93442 $6,999,000 ($233,300/Room)
Investment Highlights
- 30-key boutique coastal hotel plus spacious manager’s quarters
- Desirable leisure destination with consistent drive-to demand
- Prime location in Morro Bay, minutes from the waterfront and Morro Rock
Executive Summary
Western Hotel Brokers is pleased to introduce Morro Shores Inn & Suites, a boutique coastal hotel in Morro Bay.
This 30-key property plus manager’s quarters offers an attractive opportunity to acquire a well-positioned hospitality asset along California’s iconic Central Coast.
Situated just minutes from the waterfront and the renowned Morro Rock, the property benefits from steady year-round tourism driven by coastal recreation, wine country proximity, and strong drive-to demand along Highway 1. Rooms also feature views of Lila Keiser Park & Morro Rock! Morro Bay remains a highly desirable destination for leisure travelers seeking a relaxed seaside experience.
Morro Shores Inn & Suites is well-suited for both owner-operators and investors looking to capitalize on a supply-constrained coastal market.
Do not disturb management. Call for Details or to Schedule a Showing 805-807-1782
This 30-key property plus manager’s quarters offers an attractive opportunity to acquire a well-positioned hospitality asset along California’s iconic Central Coast.
Situated just minutes from the waterfront and the renowned Morro Rock, the property benefits from steady year-round tourism driven by coastal recreation, wine country proximity, and strong drive-to demand along Highway 1. Rooms also feature views of Lila Keiser Park & Morro Rock! Morro Bay remains a highly desirable destination for leisure travelers seeking a relaxed seaside experience.
Morro Shores Inn & Suites is well-suited for both owner-operators and investors looking to capitalize on a supply-constrained coastal market.
Do not disturb management. Call for Details or to Schedule a Showing 805-807-1782
Property Facts
| Price | $6,999,000 | Building Size | 16,986 SF |
| Price Per Room | $233,300 | No. Rooms | 30 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 2007 |
| Property Subtype | Hotel | Parking Ratio | 1.83/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.69 AC | ||
| Zoning | PD | ||
| Price | $6,999,000 |
| Price Per Room | $233,300 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.69 AC |
| Building Size | 16,986 SF |
| No. Rooms | 30 |
| No. Stories | 2 |
| Year Built | 2007 |
| Parking Ratio | 1.83/1,000 SF |
| Corridor | Exterior |
| Zoning | PD |
Amenities
- High Speed Internet Access
- Hot Tub
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 4 | $201.00 | - |
| Guest Room | 30 | $102.00 | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 066-332-011 | Improvements Assessment | $2,701,565 |
| Land Assessment | $1,440,384 | Total Assessment | $4,141,949 |
Property Taxes
Parcel Number
066-332-011
Land Assessment
$1,440,384
Improvements Assessment
$2,701,565
Total Assessment
$4,141,949
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Morro Shores Inn & Suites | 290 Atascadero Rd
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