$579,000

924 E Main Street

Barstow CA, 92311

Description

Fantastic Opportunity to Acquire the Sands Motel - an Extended-Stay Motel at Full Occupancy! Located on Main St. (old Route 66), at the corner of a major city intersection, this investment property is turnkey & offers a truly fantastic 13.2% cash-on-cash net rate of return. Sands Motel consists of 14 units w/ a separate 3 Bedroom Manager's Unit (2 detached buildings). A unique opportunity priced to sell & not to be missed!

Details

MLS#529916
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1953
Days On Site20

Features

SQ Feet4,044
Units14
Building(s)2
Property ViewNone

Market Activity 92311

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Area Information
StateCA
CountySan Bernardino
CityBarstow
Zip Code92311
AreaCalifornia
Listing VS Median (in 92311)
Price:
$579,000
low | high
Med:
$117,200
100% of Average
SqFt:
4,044
low | high
Med:
886
100% of Average
$ / SqFt:
$143
low | high
Med:
$133
57.451662364195% of Average
On Site:
20
low | high
Med:
49.5
40.40404040404% of Average
Listing Updated: December 1, 2020 8:03:02 PM PST
Oliver Moussazadeh LogoMLS Number: 529916
Listing Provided By:
Oliver Moussazadeh  of  Revilo Realty Inc

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the High Desert Association of REALTORS®.