Inn at San Luis Obispo | 1895 Monterey St
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Inn at San Luis Obispo 1895 Monterey St
40 Room Hotel San Luis Obispo, CA 93401 £7,823,718 (£195,593/Room)
Investment Highlights
- Strong value-add opportunity
- Less than 2 miles from California Polytechnic State University and the Mill Street Historic District
- Located within several blocks of downtown San Luis Obispo
- Easy access to US Highway 101
Executive Summary
**Bring us any and all offers!**
EVERLYGROVE HOTEL BROKERS is pleased to announce the opportunity to acquire the fee-simple interest in The Inn at San Luis Obispo in San Luis Obispo, CA. With downtown and a world renowned university, the 40-key, 17,264 square foot hotel is nestled on 1.34 acres in California’s central coast. Please contact broker to make an appointment, do not go to property unannounced.
EVERLYGROVE HOTEL BROKERS is pleased to announce the opportunity to acquire the fee-simple interest in The Inn at San Luis Obispo in San Luis Obispo, CA. With downtown and a world renowned university, the 40-key, 17,264 square foot hotel is nestled on 1.34 acres in California’s central coast. Please contact broker to make an appointment, do not go to property unannounced.
Data Room Click Here to Access
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £7,823,718 | Building Size | 17,264 SF |
| Price Per Room | £195,593 | No. Rooms | 40 |
| Sale Type | Investment | Number of Floors | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1961/2001 |
| Property Subtype | Hotel | Parking Ratio | 2.78/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Lot Size | 1.34 AC |
| Price | £7,823,718 |
| Price Per Room | £195,593 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.34 AC |
| Building Size | 17,264 SF |
| No. Rooms | 40 |
| Number of Floors | 2 |
| Year Built/Renovated | 1961/2001 |
| Parking Ratio | 2.78/1,000 SF |
| Corridor | Exterior |
Amenities
- Business Centre
- Pool
- High Speed Internet Access
- Patio
- Public Access Wi-Fi
- Smoke-Free
- Hot Tub
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 40 | £65.73 | - |
Walk Score ®
Very Walkable (79)
Bike Score ®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Number | 001-152-015 | Total Assessment | £5,267,454 (2024) |
| Land Assessment | £2,474,107 (2024) | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £2,793,347 (2024) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
001-152-015
Land Assessment
£2,474,107 (2024)
Improvements Assessment
£2,793,347 (2024)
Total Assessment
£5,267,454 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2022
zoning
| Zoning Code | C-T-S (Commercial - Tourist - Special Consideration Zone Overlay) |
| C-T-S (Commercial - Tourist - Special Consideration Zone Overlay) |
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Inn at San Luis Obispo | 1895 Monterey St
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