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Bridge Walk at Colony Square 6905 El Camino Real 88 Room Hotel Atascadero, CA 93422 $1,775,000 ($20,170/Room)
EXECUTIVE SUMMARY
EVERLYGROVE HOTEL BROKERS is pleased to present the opportunity to acquire Bridgewalk at Colony Square, a fully entitled development opportunity for an 89-room, ±71,355 SF hospitality asset in Atascadero, CA. Situated on a 0.96-acre vacant parcel, the site offers excellent visibility and accessibility near Highway 101 and Highway 41. Approved plans include a 4,200 SF restaurant, fitness center, laundry facilities, and 316 on-site parking spaces, with additional shared and public parking options nearby. Located in San Luis Obispo County, the project is ideally positioned to capitalize on the region’s ongoing growth and revitalization
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $1,775,000 | Construction Status | Proposed |
| Price Per Room | $20,170 | Building Size | 71,355 SF |
| Sale Type | Investment | No. Rooms | 88 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 2027 |
| Building Class | B | Corridor | Interior |
| Lot Size | 0.96 AC | ||
| Zoning | DC - Downtown Commercial | ||
| Price | $1,775,000 |
| Price Per Room | $20,170 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.96 AC |
| Construction Status | Proposed |
| Building Size | 71,355 SF |
| No. Rooms | 88 |
| No. Stories | 3 |
| Year Built | 2027 |
| Corridor | Interior |
| Zoning | DC - Downtown Commercial |
AMENITIES
- Restaurant
- On-Site Retail
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | $242.00 | - |
| Guest Room | 86 | $167.00 | - |
1 1
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 029-361-041 | Improvements Assessment | $0 |
| Land Assessment | $443,922 | Total Assessment | $443,922 |
PROPERTY TAXES
Parcel Number
029-361-041
Land Assessment
$443,922
Improvements Assessment
$0
Total Assessment
$443,922
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Bridge Walk at Colony Square | 6905 El Camino Real
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