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Super 8 (Merced)

EXECUTIVE SUMMARY
This information is proprietary. Do not copy.
 
  • Location: Merced, at the gateway to Yosemite on Hwy 99 and Childs Ave exit. 130 miles from San Francisco and 4 miles from the University of California Merced Campus in final planning stages with a proposed 25,000-student body plus faculty and staff.
     
  • Guest rooms: 80 units, two story buildings with interior corridors. Each building has 20 units per floor. All have separate vanity area with tub/showers in all units. Oversize rooms measure 12 feet by 26 feet.
     
  • Amenities: Ten rooms have refrigerator and microwaves. Swimming pool, large lobby and breakfast area, doublewide portico, ample parking for all units plus truck parking. Newly surfaced parking lot. HBO/cable TV with 21 inch TVs in all rooms, three years old.
     
  • Extras: All units have new Amana air conditioners and new double pane thermal treated windows, electronic door locks, roof, Unimac washing machine.
     
  • Description: Huge one bedroom living quarters and lobby in single story building set between the two hotel buildings. Frame/stucco construction with pitched roof.
     
  • Age: Built approximately 30 years ago and renovated in 2001.
     
  • Ownership: Individual has owned for one year. Owner is selling for health and personal reasons.
     
  • Land: Approximately four acres.
     
  • Asking Price: $3,200,000.
     
Bonus:
Sixteen apartments ready to rent at approximately $400 each per month or an additional $75,000 possible income.
 
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Julian Bills: Broker, DRE # 00532752
cell/tel: (831) 212-4526 -  email@julianbills.com
Page last modified: August 21st, 2001

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