UNITED STATES / CA / El Cajon / East County

638 El Cajon Blvd

El Cajon, CA 92020

$938,000
PRICE


​​​​​​​MLS ID: 180008482

About 638 El Cajon Blvd

Central El Cajon Motel/Aptartments--CASH flowing asset you’ve 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 on month-to-month basis. 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. SOLAR has been installed. EZ to keep tenants!!

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Features

General:
0.12 Acres
Number of Units:
10
Price Per Unit:
93800
SqFt of Improvement:
2000

Location

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