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Howard Johnson (Monterey)

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  • Location: The hotel is located on the motel row of Monterey, Munras Avenue, across from the Del Monte Center. Two miles from the Monterey Aquarium, Pebble Beach, Carmel and Fisherman's Wharf.
  • Guest rooms: There are 20 units. One king with fireplace and Jacuzzi, one queen with Jacuzzi and eighteen large units comprising eleven kings and seven double kings. All rooms are large and well appointed.
  • Amenities: All rooms have microwave/refrigerators, irons and ironing boards, WIFI, State-of-the-art heating air-conditioning systems (extra quiet), computerized reservation system, granite bathrooms including counter tops and flooring. The entire hotel was totally renovated in 2002. This renovation included stripping all walls and floors down to the studs, replacing all electrical, plumbing, piping, insulation, doors, windows etc.
  • Extras: The living quarters consist of a large bedroom one bath next to the office and an extra large two-bedroom suite below. All roofs were replaced five years ago and are pitched and in good condition.
  • Description: The original ten units were built in 1968 and the second building (eight units) was completed in 1975. The construction is frame/stucco. All buildings are on concrete slabs.
  • Land: Approximately 1/2 acre. Fee simple.
  • Asking Price: $3,300,000
  • Bonus:
    Given the location, room size, and structural condition, with a moderate change in furnishings, decor and paving, this Howard Johnson should have a substantially increased income.

Julian Bills: Broker, DRE # 00532752
cell/tel: (831) 212-4526 -  email@julianbills.com
Page last modified: March 24th, 2008

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