Carl's Motel | 2529 Sierra Hwy
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Carl's Motel 2529 Sierra Hwy
23 Room Hotel Rosamond, CA 93560 $3,652,168 CAD ($158,790 CAD/Room) 7% Cap Rate
Investment Highlights
- Low barrier to entry into the hospitality business
- Amenities within a short drive
- Value add opportunity
Executive Summary
2529 Sierra Hwy, otherwise known as Carl's Motel, is an excellent opportunity to add to your hotel portfolio or to get started in the hotel business. The property consists of 23 rooms and a 3 bedroom manager unit. This is an ideal location for affordable or subsidized housing. Very accessible to Edwards Airforce Base and Willow Springs International Speedway. Willow Springs is currently for sale and an astute buyer of this property could make arrangements with new ownership of the track for them to promote this property to track customers who need a hotel room close to the track. Room interiors have been updated and the exterior is waiting for a new owner to decide how they want to update. Motivated Seller. Contact Joe La Croix to discuss.
Financial Summary (Actual - 2024) 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 - 2024) 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
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 23 | $70.23 CAD | - |
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PROPERTY TAXES
| Parcel Number | 258-072-07-00-5 | Total Assessment | $2,292,438 CAD |
| Land Assessment | $128,950 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $2,163,488 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
258-072-07-00-5
Land Assessment
$128,950 CAD
Improvements Assessment
$2,163,488 CAD
Total Assessment
$2,292,438 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
zoning
| Zoning Code | C-2 (General Commercial) |
| C-2 (General Commercial) |
-
Joe LaCroix -
KW Commercial Beverly Hills
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Carl's Motel | 2529 Sierra Hwy
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