6 S Wood ST, Salinas, CA 93905
- $3,100,000
- List Price
- $3,100,000
- Price Change
- ▼ $100,000 1772148935
- MLS#
- ML82020072
- Status
- ACTIVE
- Property Type
- com
- Lot Size
- 15,647
- Listing Area
- Es-66
- Year Built
- 1964
Property Description
Now available: a rare opportunity to acquire a well-maintained 25-unit boutique motel in the heart of Salinas, California. This well-maintained, two-story motel features an on-site office with the owners' living quarters, including 2 bedrooms, 2 bathrooms, a spacious kitchen & family room combo, and a separate living room. Recent upgrades to the entire building include double-pane windows throughout, a 400-amp electrical system, updated plumbing with a water softening system, an oversized water heater with room for expansion, and ongoing regularly scheduled maintenance of each unit. The roof was serviced in 2014, and the property was fumigated both recently and historically. Excellent opportunity for investors and operators exploring H-2A/ Extended-Stay Housing. The City of Salinas has approved an Extended Stay Program, creating added potential for farm labor housing and workforce accommodations. This property presents a unique opportunity to capitalize on the growing demand for agricultural workforce lodging within the Salinas Valley. - The seller is open to carrying a portion of the purchase price for qualified buyers. Attractive terms and a flexible structure may be considered.
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Additional Information
- Acres
- 0.36
- Age
- 61
- Amenities
- Vaulted Ceiling
- Cooling System
- Window / Wall Unit
- Energy Features
- Double Pane Windows
- Floor Covering
- Carpet, Tile
- Foundation
- Concrete Slab
- Garage Parking
- Electric Car Hookup, Parking Area
- Heating System
- Other
- Lot Size
- 15,647
- Neighborhood
- Es-66
- Other Rooms
- Laundry Room
- Other Utilities
- Public Utilities
- Present Use
- Hotel/Motel
- Roof
- Composition
- Sewer
- Sewer - Public
- Special Features
- Parking, Wheelchair Access
- Unincorporated Yn
- Yes
- Zoning
- CR-FG5
Mortgage Calculator
Listing courtesy of Eddie Guajardo from eXp Realty of California Inc. 831-206-2335
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