Ebb Tide
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Ebb Tide
2 Hospitality Properties Offered at $10,465,920 CAD in San Diego, CA
Investment Highlights
- Twenty Three (23) Units
- TOT License In-Place for Short Term Rentals
- Steps from the Beach
- Abundant Surface Parking
- Apartment Conversion Potential
Executive Summary
Ebb Tide presents the opportunity to acquire the 23 unit hospitality/multi-family asset in the desirable neighborhood of Ocean Beach. The asset consists of one 15-unit building and one 8-unit building.
A buyer may have the option to utilize the in-place TOT license and run short-term rentals (Boutique Hotel, AirBnB, VRBO, etc.) or convert the units into true apartments. With outstanding parking, ocean views, and steps from the beach, a buyer can develop a substantial increase in gross income.
The Ebb Tide is located on the river bikeway, steps from the beach to the west, Robb Athletic Field to the east, and an array of entertainment walking distance to the south. Ebb Tide is truly in the hub of one of San Diego’s most vibrant neighborhoods.
A buyer may have the option to utilize the in-place TOT license and run short-term rentals (Boutique Hotel, AirBnB, VRBO, etc.) or convert the units into true apartments. With outstanding parking, ocean views, and steps from the beach, a buyer can develop a substantial increase in gross income.
The Ebb Tide is located on the river bikeway, steps from the beach to the west, Robb Athletic Field to the east, and an array of entertainment walking distance to the south. Ebb Tide is truly in the hub of one of San Diego’s most vibrant neighborhoods.
Property Facts
| Price | $10,465,920 CAD | Number of Properties | 2 |
| Price / SF | $902.31 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 10.04% | Total Building Size | 11,599 SF |
| Sale Type | Investment | Total Land Area | 0.36 AC |
| Status | Active |
| Price | $10,465,920 CAD |
| Price / SF | $902.31 CAD / SF |
| Cap Rate | 10.04% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 11,599 SF |
| Total Land Area | 0.36 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Ebb Tide Motel
5082 W Point Loma Blvd, San Diego, CA 92107 |
Hospitality | 7,252 SF | 2002 | - |
|
Ebb Tide Motel 2
5074-80 W Point Loma Blvd, San Diego, CA 92107 |
Hospitality | 4,347 SF | 1978 | - |
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Ebb Tide
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