$1,395,000
For Sale
1.01 acres | #SC25001786
Listing OfficeWestern Hotel Brokers, Inc
Browse 5 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Great investment opportunity!! This fully entitled 38-key hotel development project is located in the rapidly growing city of Paso Robles. Situated just off Highway 101 at Highway 46, the property offers excellent visibility and easy access, and is only minutes from Downtown Paso Robles and Templeton, right at the start of the renowned Wine Trail. The property is in a cul-de-sac with three other hotels and adjacent to a strip mall with restaurants and a gas station, making it an ideal location for a hospitality development. This is an exceptional chance to tap into the booming tourism market in Paso Robles!

  • Property Details
      • Utility FeaturesElectricityAvailable, SewerAvailable, WaterAvailable
      • Lot DescriptionThirtySixToFortyUnitsAcre, LotOver40000Sqft
      • CountySan Luis Obispo
      • Original List Price$1,395,000
      • MLS #SC25001786
      • MLS #SC25001786
      • Property TypePurchase
      • Cost1395000
      • Utility SourcePublic
      • ViewHills
      • Acres1.01
      • Property SubtypeLand

Location

Susannah HogentoglerReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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