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- LoopNet Team
975 University Ave
Berkeley, CA 94710
Turnkey Hotel 22-Keys Prime Downtown Berkeley · Hospitality Property For Sale
·
5,824 SF
INVESTMENT HIGHLIGHTS
- Turnkey Motel | Business & Property included in listing price
- Easy quick access to FWY I-580 | Prime Downtown Berkeley Location!
- Rates are currently below market | Upside to increase rates
- 22-Keys/Rooms + Management Office + Back Storage / Laundry Room
- Large Highly Visible Signage
- ***Call Listing Broker for scheduling viewing property.? DO NOT GO TO PROPERTY. Per sellers request.***
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1960 |
| Building Class | C | Parking Ratio | 4.29/1,000 SF |
| Lot Size | 0.40 AC | Corridor | Exterior |
| Building Size | 5,824 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 5,824 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 4.29/1,000 SF |
| Corridor | Exterior |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ABOUT 975 UNIVERSITY AVE , BERKELEY, CA 94710
NDA for Offering Memorandum / Marketing Package and Seller Disclosure Documents: https://tinyurl.com/yre5mfbj - Turnkey Motel | Business & Property included in listing price 22-Keys/Rooms + Management Office + Back Storage / Laundry Room Building Area (sq ft): 5,824 Lot Size: 0.40 acres Rates are currently below market Upside to increase rates Easy quick access to FWY I-580 Prime Downtown Berkeley Location! Large Highly Visible Signage Corner lot Zero advertising as business is well known & loved in community Video security camera system | no audio - ***Call Listing Broker for scheduling viewing property.? DO NOT GO TO PROPERTY. Per sellers request.***
PROPERTY TAXES
| Parcel Number | 057-2092-009-00 | Improvements Assessment | $1,316,544 |
| Land Assessment | $877,696 | Total Assessment | $2,211,240 |
PROPERTY TAXES
