$7,500,000
$7,900,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
0.77 Acres Lot
SOLD DATE : 11/11/2019
Key Details
Sold Price $7,500,000
Property Type Other Types
Sub Type HotelMotel
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC19240583
Sold Date 11/11/19
HOA Y/N No
Year Built 1984
Lot Size 0.772 Acres
Lot Dimensions Estimated
Property Description
EXCITING INVESTMENT OPPORTUNITY! Fully remodeled and upgraded 2-Star, 50 guest room (could be up to 55 rooms depending on occupancy of conjoined rooms) motel with fully approved plans from the city for an additional 25 guest rooms. This property's close proximity to Knott's Berry Farm and Disneyland with easy access to i-5 and 91 freeways make it a tourist hot spot! This price of $7.9M, excludes a 12,000 SF adjacent multi-use commercial lot which could've used as Starbucks, convenience store or parking lot.
The lot with the Hotel together price will be $8.9M.
The lot address is 7911 Orangethrope Ave. The lot APN#276-362-17.
Location
State CA
County Orange
Area 82 - Buena Park
Interior
Fireplace No
Laundry Inside
Exterior
Roof Type Flat
Building
Lot Description Item01UnitAcre
Story 3
Water Public
Others
Tax ID 27636212
Financing Other
Special Listing Condition Standard
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Bought with Lucy Scott • Re/Max Luxury Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States