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Inn at San Luis Obispo 1895 Monterey St

40 Room Hotel San Luis Obispo, CA 93401 $14,218,579 CAD ($355,464 CAD/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.

Data Room Click Here to Access

Financial Summary (Actual - 2022) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
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 (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $14,218,579 CAD
Price Per Room $355,464 CAD
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
No. Stories 2
Year Built/Renovated 1961/2001
Parking Ratio 2.78/1,000 SF
Corridor Exterior

Amenities

  • Business Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 40 $119.45 CAD -
Walk Score ®
Very Walkable (79)
Bike Score ®
Very Bikeable (75)
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
001-152-015
Land Assessment
$4,496,364 CAD (2024)
Improvements Assessment
$5,076,540 CAD (2024)
Total Assessment
$9,572,904 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/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)
  • Listing ID: 29491899

  • Date on Market: 2023-09-11

  • Last Updated:

  • Address: 1895 Monterey St, San Luis Obispo, CA 93401

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