Property Detail
Description
Calipatria Inn - A Prime Investment Opportunity in the Heart of IndustrySituated amidst thriving existing industries and poised for future growth, the Calipatria Inn offers 41 rentable rooms, including 8 suites (one featuring a Jacuzzi), 21 double-bed rooms, and 12 king singles. The property is fully operational, catering to both short- and long-term tenants, with a history of serving the local prison system, geothermal operations, agricultural businesses, and the general public.The hotel boasts a charming Spanish-style lobby, a conference/dining area, and a fully equipped commercial kitchen. The registration office includes an on-site residential space for management, making it convenient for hands-on operation.With plans for expanding local industries, such as geothermal energy and lithium mining, the area is expected to see significant job growth, driving increased demand for residential accommodations.This 100% operational hotel represents an outstanding investment opportunity for a buyer looking to make strategic improvements and modernize the property. The pool, while functional, currently requires a jet motor replacement and has been drained. Not affiliated with any major hotel chains, the Calipatria Inn offers flexibility for branding or franchise opportunities. With high construction costs in today's market, purchasing this turnkey hotel allows for cost-effective upgrades to restore it to like-new condition.
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Listing provided courtesy of Paul Magana of Windermere Real Estate. Last updated 2024-11-24 10:19:56.000000. Listing information © 2024 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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