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$ 2,950,000
Est. payment /mo
New
2352 Esplanade Chico, CA 95926
1.36 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN25260138
HOA Y/N No
Year Built 1900
Lot Size 1.360 Acres
Property Sub-Type Hotel/Motel
Property Description
Offered at $2,950,000, the Safari Inn is your affordable opportunity at a well-known and well-located property in the high demand hospitality segment of the market. This fantastic investment in beautiful Chico, California is comprised of 51 individual rooms as well as a very spacious and comfortable Manager's quarters.
Hotel Residents can easily walk to restaurants and shopping. The location also provides easy access to highway 99 and is also just minutes from Downtown Chico as well.
Many of the units have already been nicely updated with newer flooring, paint and fixtures and the property has been priced significantly below market to allow for remaining improvements to be completed.
***In addition to all of the benefits offered by the property itself, very attractive owner financing is also available, helping to ensure tremendous positive cash flow from day one.
Hotel Residents can easily walk to restaurants and shopping. The location also provides easy access to highway 99 and is also just minutes from Downtown Chico as well.
Many of the units have already been nicely updated with newer flooring, paint and fixtures and the property has been priced significantly below market to allow for remaining improvements to be completed.
***In addition to all of the benefits offered by the property itself, very attractive owner financing is also available, helping to ensure tremendous positive cash flow from day one.
Location
State CA
County Butte
Interior
Fireplace No
Laundry See Remarks
Building
Lot Description Street Level
Story 2
Water Public
Others
Tax ID 006081027000
Special Listing Condition Standard
Listed by Dan Bosch Re/Max of Chico