5651 Lincoln Ave
Cypress, CA 90630
Reposition Opportunity - Affordable Housing! · Hospitality Property For Sale · 19,597 SF

The Cypress Super 8 Hotel is a unique opportunity to purchase an existing hotel with the opportunity to reposition the hotel to another use or to maintain its current use as a hotel. The Opportunity: Owned for more than 10 consecutive years by the Seller, the property is being offered for purchase by a for–profit developer, affordable housing developer or an apartment investor interested in repositioning the property from its current use to a monthly rental. The Property: Situated on an approximate 0.86 acre rectangular lot, the property rests on highly trafficked Lincoln Avenue between Walker and Valley View offering the property excellent street exposure. The 52-room property plus manager unit is three-story, and in very good condition with a recently resurfaced asphalt parking lot, attractive lobby, swimming pool and is near significant retail establishments on Lincoln Avenue (Home Depot, the US Postal Service, The Buena Park Marketplace that includes Ross, Marshalls, Jo-Ann and Chase Bank). The Location: The property is located in the City of Cypress, CA and rests in the Lincoln Avenue Specific Plan. The City is located in Northern Orange County and surrounded by the City of Cerritos to the North, The cities of Hawaiian Gardens and Los Alamitos to the West, Seal Beach to the South and Buena Park and Anaheim to the East. The City offers access to the 605, 91, 405, 22 and 5 freeways. Zoning: The property is zoned Mixed Use and can be repositioned as residential or commercial. CURRENT USE: The property is currently run as a successful motel. The 2016 Income/Expense is included in the Marketing Brochure. Please contact the listing agent to receive. ALL SHOWINGS ARE TO BE BY APPOINTMENT ONLY. THE ONSITE MANAGER AND STAFF ARE NOT TO BE DISTURBED