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3020 Cabrillo Hwy N
Half Moon Bay, CA 94019
Americas Best Value Inn & Suites · Hospitality Property For Sale
·
12,975 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1991 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.60 AC | Corridor | Exterior |
| Building Size | 12,975 SF | ||
| Zoning | C-VS | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.60 AC |
| Building Size | 12,975 SF |
| No. Stories | 2 |
| Year Built | 1991 |
| Tenancy | Single |
| Corridor | Exterior |
| Zoning | C-VS |
AMENITIES
- Business Center
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
ABOUT 3020 CABRILLO HWY N , HALF MOON BAY, CA 94019
This pride of ownership Inn consists of 27 meticulously maintained units and grounds. All rooms are spacious and have little to zero deferred maintenance. The inn has potential to increase revenues by approximately 20% based on its competitive set and also has the potential of adding 2 units which are currently used as storage rooms. The Inn would be better served by removing the ABVI flag and going with an independent boutique concept. Half Moon Bay is a high barrier to entry market and properties of this type are rarely available in this market. Half Moon Bay is a strong boutique market situated along the coast that enjoys close proximity to San Francisco and Silicon Valley. The Inn is located just a few blocks walk to the ocean and situated along the famous California Hwy 1 route. The Half Moon Bay market is on par with the San Francisco market if not better and hotel prices are more affordable than in the San Francisco market. Please do not disturb owner or visit property without contacting agent.
PROPERTY TAXES
| Parcel Number | 048-094-320 | Improvements Assessment | $1,875,700 |
| Land Assessment | $2,277,637 | Total Assessment | $4,153,337 |
PROPERTY TAXES
