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Holiday Inn Express Grover Beach-Pismo Beach 775 N Oak Park Blvd 78 Room Hotel Grover Beach, CA 93433 $15,900,000 ($203,846/Room)
Executive Summary
Strategic Positioning of 775 North Oak Park Boulevard, Grover Beach, CA
Prime Coastal Location: Situated just minutes from the Pacific Ocean, this property offers easy access to Grover Beach, Pismo Beach, and Oceano Dunes, making it an ideal stop for leisure travelers and beachgoers exploring California's Central Coast.
Proximity to Key Business Hubs: Close to the cities of San Luis Obispo and Santa Maria, known for their thriving industries, educational institutions, and corporate centers—attracting business travelers and professionals.
Access to Regional Attractions: Nearby attractions include the Monarch Butterfly Grove, wine tasting along the Edna Valley Wine Trail, and hiking in the scenic Pismo Preserve, appealing to outdoor enthusiasts and tourists.
Dining and Services Nearby: Surrounded by a variety of local restaurants, shopping centers, and essential services, ensuring convenience and a complete guest experience.
Prime Coastal Location: Situated just minutes from the Pacific Ocean, this property offers easy access to Grover Beach, Pismo Beach, and Oceano Dunes, making it an ideal stop for leisure travelers and beachgoers exploring California's Central Coast.
Proximity to Key Business Hubs: Close to the cities of San Luis Obispo and Santa Maria, known for their thriving industries, educational institutions, and corporate centers—attracting business travelers and professionals.
Access to Regional Attractions: Nearby attractions include the Monarch Butterfly Grove, wine tasting along the Edna Valley Wine Trail, and hiking in the scenic Pismo Preserve, appealing to outdoor enthusiasts and tourists.
Dining and Services Nearby: Surrounded by a variety of local restaurants, shopping centers, and essential services, ensuring convenience and a complete guest experience.
Property Facts
| Price | $15,900,000 | Building Size | 43,040 SF |
| Price Per Room | $203,846 | No. Rooms | 78 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 1988 |
| Property Subtype | Hotel | Parking Ratio | 1.51/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Lot Size | 3.08 AC | ||
| Zoning | HS | ||
| Price | $15,900,000 |
| Price Per Room | $203,846 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.08 AC |
| Building Size | 43,040 SF |
| No. Rooms | 78 |
| No. Stories | 3 |
| Year Built | 1988 |
| Parking Ratio | 1.51/1,000 SF |
| Corridor | Exterior |
| Zoning | HS |
Amenities
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 78 | $90.00 | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 060-031-025 | Improvements Assessment | $7,529,752 |
| Land Assessment | $4,462,074 | Total Assessment | $11,991,826 |
Property Taxes
Parcel Number
060-031-025
Land Assessment
$4,462,074
Improvements Assessment
$7,529,752
Total Assessment
$11,991,826
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Holiday Inn Express Grover Beach-Pismo Beach | 775 N Oak Park Blvd
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