607 Leucadia Blvd | Encinitas, CA 92024
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607 Leucadia Blvd
Encinitas, CA 92024
Comfort Inn (To Be) Encinitas Near Legoland · Hospitality Property For Sale
·
34,650 SF
INVESTMENT HIGHLIGHTS
- Comfort Inn (To Be)/Encinitas, California – Rare opportunity to acquire the Comfort Inn (To Be) in Encinitas, California.
- Significantly Underperforming the Comp Set – The hotel is significantly underperforming its comp set, with a 45.1 RevPAR index as of May 2023 TTM.
- Diverse Demand Generators – The property is in proximity to many major demand generators, including San Diego Botanical Gardens, Legoland and Beaches
- Minimal PIP/Under Renovation – Starting in February 2022, the hotel has embarked on a major renovation to be converted into a Comfort Inn.
- Tremendous Upside – A major destination market for domestic travel, San Diego hotel market has seen remarkable rebound from the Covid Pandemic
- Strong Surrounding Market – San Diego consistently ranks among the top ten regions in the country for its concentration of high-tech companies
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1985/2001 |
| Building Class | B | Parking Ratio | 2.91/1,000 SF |
| Lot Size | 1.43 AC | Corridor | Exterior |
| Building Size | 34,650 SF | ||
| Zoning | C, Encinitas - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.43 AC |
| Building Size | 34,650 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1985/2001 |
| Parking Ratio | 2.91/1,000 SF |
| Corridor | Exterior |
| Zoning | C, Encinitas - Commercial |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $5,610,000 | |
| Land Assessment | $6,630,000 | Total Assessment | $12,240,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$6,630,000
Improvements Assessment
$5,610,000
Total Assessment
$12,240,000
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