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The Coalinga Motel 698 E Polk St 14 Room Hotel Coalinga, CA 93210 $850,000 ($60,714/Room)
EXECUTIVE SUMMARY
Coalinga Motel is a good cash flowing property, and is close to 100% occupancy from March through October. Six units have full kitchens, two units are 2 bedrooms 1 bath and one unit is ADA. It has solar panels that are completely paid for, and the manager’s quarters include 2 bedrooms, 1.5 bathrooms, a kitchen and living room, and is connected to the office.
PROPERTY FACTS
| Price | $850,000 | Building Size | 6,897 SF |
| Price Per Room | $60,714 | No. Rooms | 14 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1950 |
| Property Subtype | Hotel | Parking Ratio | 2.46/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.46 AC | ||
| Zoning | C5 - rezoned residential multi family | ||
| Price | $850,000 |
| Price Per Room | $60,714 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 6,897 SF |
| No. Rooms | 14 |
| No. Stories | 1 |
| Year Built | 1950 |
| Parking Ratio | 2.46/1,000 SF |
| Corridor | Exterior |
| Zoning | C5 - rezoned residential multi family |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 14 | $65.00 | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $669,936 | |
| Land Assessment | $194,903 | Total Assessment | $864,839 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$194,903
Improvements Assessment
$669,936
Total Assessment
$864,839
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The Coalinga Motel | 698 E Polk St
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