Central El Cajon Motel/Aptartments--CASH flowing asset youve been looking for! 638 El Cajon Blvd is a 10 unit motel with long term extended stay tenants centrally located in El Cajon within close proximity to 8 Highway and the El Cajon Transit Center. It is also only a few minutes walk to downtown El Cajon, where there is shopping, a library, and various restaurants. The property has undergone recent renovations including upgrades to most major systems, the exterior as a whole, & the interior of units. It is zoned for hotel/motel use & can be run on a day-to-day, weekly, or on a monthly basis. Operating on a day-to-day basis will likely yield a higher cash flow, though all tenants currently run on month-to-month leases. This property is easy to maintain with minimal external landscaping. It also includes an on-site laundry machine & parking for each unit. The rents include all utilities including cable and wifi as well. EZ to keep tenants!! Listing Courtesy of Villa Realty Inc.
Cal BRE# 01767484
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