Cap Rate
8.33%
Price Per Unit
$220,000
Units
44
Gross SQFT
20,506
Year Built
1975/R2022
NOI
$1,007,400
Property Type
Hospitality
INVESTMENT HIGHLIGHTS
- Core Location – The property is strategically positioned off Interstate-5 (206,000 VPD) within less ¼ mile from the ocean, less than a five-minute walk to the beach
- Highly-Walkable – Surrounding retail and points of attraction include In-N-Out, California Surf Museum, Surfrider AmtrakTrain Station, Camp Pendleton, Naval Hospitality, and Goat Hill Golf Course
- Real Estate Fundamentals – Property values are greatly appreciating with the average home price within a 2-mile radius of the hotel exceeding $2 million
- Future Asset Appreciation – Oceanside is a developing beach city known for its white sand beaches, New England-style harbor, charming bungalow neighborhoods, and world-class surfing – over 6 million people visit Oceanside’s beaches and harbor year around
Broker of Record
- Kyle Matthews
- License No. 2168060 (CA)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 2321 Rosecrans Ave.,
Suite 1225, El Segundo, CA 90245