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06/2017

Monterey Peninsula Inn (Pacific Grove)

EXECUTIVE SUMMARY
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  • Location: At the tip of the Monterey Peninsula in Pacific Grove, with the ocean five blocks away and down town Pacific Grove with its shops, restaurants, historical buildings three blocks away on Lighthouse Ave.
     
  • Guest rooms: There are thirty-eight units, eight of which were built in 2015 together with a large newly constructed lobby, office, back office and elaborate spa, firepit sitting area.
     
  • Amenities: Almost all furnishings, fixtures, equipment, beds, were upgraded in 2014 and 2015. Ample parking for all untis. Large Lot with mature landscaping. Excellent on site laundry facilities.
     
  • Extras: Water, building permits in place and included to construct an additional two units.
     
  • Description: There are three one storey buildings and two are two-storey. Construction is of frame and wood siding mixed with concrete stucco and plaster.
     
  • Land: Approximately two thirds of an acre.
     
  • Asking Price: $8,000,000
     
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Julian Bills: Broker, DRE # 00532752
cell/tel: (831) 212-4526 -  email@julianbills.com
Page last modified: May 1st, 2017

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