- Location: The hotel is located on North Fremont Street in Monterey CA. This street is the Motel Row on North Fremont. Five minute walk from Monterey Fairgrounds. Ten minutes to Cannery Row, Fisherman’s Wharf, ten minute drive to Carmel and Pebble Beach.
- Guest rooms: There are 18 units. One bedroom Living Quarters. All rooms need major renovations including plumbing and electrical, all furniture and fixtures must be replaced.
- Amenities: None
- Extras: One Bedroom/One full kitchen in Manager’s apartment.
- Description: 3 buildings. Each “wing” of the building U-shape is a separate foundation and roof line. The units were built in 1970. The construction Wooden frame/ siding, composite shingle roofs. All buildings are on concrete slabs.
- Land: Approximately 1/2 acres. Fee simple.
- Asking Price: $4,100,000
- BONUS: Including necessary reconstruction and renovations to comply with City requirement to open approximately $400,000
|
PREVIOUS 