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Clarion Pointe El Cajon San Diego East 855 Sandalwood Dr

47 Room Hotel El Cajon, CA 92021 £6,172,661 (£131,333/Room)

Executive Summary

Commercial Asset Advisors, as the exclusive marketing advisor to the Seller, is pleased to present to qualified investors and owner-users, the outstanding opportunity to acquire one or two class B hospitality properties totaling 47-97+ rooms. Both properties are on separate contiguous parcels totaling just over 2 acres, together comprised of approximately 38,261 square feet. Originally built in 1977 and 1989 respectively, ownership has invested significantly in renovations during its operations. The hotels are currently branded as Clarion Pointe and Quality Inn & Suites with essential amenities that include free WiFi, free parking, free hot breakfast, guest laundry facilities, a fitness center, a business center, an on-site marketplace, and an outdoor pool and hot tub facility. These spacious modern suites include a refrigerator, flat-screen TV, and stone-tiled bathrooms. Select suites have fully equipped kitchens with a stove-top and an oven, hot tubs, and a seating area with a sofa. The subject property is located in El Cajon with convenient Interstate 8 freeway access, this location offers guests easy access to the multitude of tourist attractions San Diego and East County have to offer. 20 minutes from downtown San Diego, and a short drive to Sycuan Casino Resort, San Diego State University, Lake Jennings, and local regional parks.

Property Facts

Price £6,172,661
Price Per Room £131,333
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.53 AC
Building Size 18,279 SF
No. Rooms 47
Number of Floors 3
Year Built/Renovated 1963/2021
Parking Ratio 0.82/1,000 SF
Corridor Exterior

Amenities

  • Business Centre
  • Fitness Centre
  • Pool
  • On-Site Retail
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wi-Fi
  • Smoke-Free
  • Hot Tub

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 44 £112.67 -
Guest Room 3 £94.68 -
Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
484-321-11
Land Assessment
£1,256,885
Improvements Assessment
£2,112,267
Total Assessment
£3,369,152

zoning

Zoning Code C-6
C-6
  • Listing ID: 31280341

  • Date on Market: 20/03/2024

  • Last Updated:

  • Address: 855 Sandalwood Dr, El Cajon, CA 92021

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