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700 Sorensen Avenue N

Calipatria, CA 92233
  • $3,500,000
  • STATUS: Active
  • ON SITE: 74 Days
  • ID#: 219099878DA
Foreclosure
UPDATED: 66 min ago
$3,500,000
  • 0
    BEDS
  • 5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1994
County:

School Ratings & Info

Listing Agent(s): Paul Magana of Desert Sotheby's International Realty ((760) 424-3000) and Jess Alcantar of Jess D. Alcantar Realty((760) 578-0620)


Description

Located in the Heart of existing and future industry, the Calipatria Inn, host 41 rentable room with 8 Suites (One with Jacuzzi) 21 two bed rooms and 12 King Size Singles. All rooms are functional and business is open, The hotel has a nice Spanish style lobby area with conference/dinning area connected to a functional commercial kitchen. The registration office has a local residential area for management. This Hotel has been a staple of business for short / long term tenants which has provided facilities for the local prison, geothermal, agriculture and other general public. With the local plans of future industry pertaining to geothermal and minerals (lithium) mining, it is expected to bring many more jobs to the area hence the need for more residential facilities for the public. This Hotel is 100% functional and would be a great investment for someone to make the necessary improvements and bring it back to new. The seller/s are willing to provided creative financing to a buyer that may need the financial help to accommodate a negotiated purchase price. In todays market constructions cost are extremely high, this is a great opportunity to purchase a turn key Hotel that will require simple improvements to bring it back to a new appearance. Currently this Hotel is not associated with any large conglomerate Hotel chains which could be a plus to investigate as a new buyer. The pool is functional but has been drained jet motor replacement.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-28T07:33:41.617. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
www.thecharlieprice.com/homes/143406572
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700 Sorensen Avenue N Calipatria, CA 92233

  • Price: $3,500,000
  • Status: Active
  • On Site: 74 Days
  • Updated: 66 min ago
  • ID#: 219099878DA
0
Beds
0
Baths
0
½ Baths
5
Acres
1994
Built
Neighborhood:
CALP - Calipatria
County:
Imperial
Area:
CALP - Calipatria
Property Description
Located in the Heart of existing and future industry, the Calipatria Inn, host 41 rentable room with 8 Suites (One with Jacuzzi) 21 two bed rooms and 12 King Size Singles. All rooms are functional and business is open, The hotel has a nice Spanish style lobby area with conference/dinning area connected to a functional commercial kitchen. The registration office has a local residential area for management. This Hotel has been a staple of business for short / long term tenants which has provided facilities for the local prison, geothermal, agriculture and other general public. With the local plans of future industry pertaining to geothermal and minerals (lithium) mining, it is expected to bring many more jobs to the area hence the need for more residential facilities for the public. This Hotel is 100% functional and would be a great investment for someone to make the necessary improvements and bring it back to new. The seller/s are willing to provided creative financing to a buyer that may need the financial help to accommodate a negotiated purchase price. In todays market constructions cost are extremely high, this is a great opportunity to purchase a turn key Hotel that will require simple improvements to bring it back to a new appearance. Currently this Hotel is not associated with any large conglomerate Hotel chains which could be a plus to investigate as a new buyer. The pool is functional but has been drained jet motor replacement.
Exterior Features

Lot Features Corner LotFront YardLot Over 40000 SqftLandscapedOver 40 Units/AcreNear Public TransitRectangular LotValue In Land Other Structures Living Quarters Parking Total 0 Roof Clay

Interior Features

Building Features Phone SystemRecreation RoomTV System Heating CentralElectricHeat PumpNatural Gas Heating YN Yes

Property Features

Association Fee 0 Building Name Calipatria Inn Business Type Hospitality Exclusions Metal Storage Containers not connected the property and their contents. Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashContractPrivate Financing Available Security Features Carbon Monoxide Detector(s)24 Hour SecurityResident ManagerSmoke Detector(s) Special Listing Conditions Real Estate OwnedStandard Utilities Electricity AvailableElectricity ConnectedPhone ConnectedUnderground Utilities



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-28T07:33:41.617. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
 
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EQTY | Forbes Global Properties
1100 Newport Center Drive, Suite 110
Newport Beach CA, 92660
Listing Agent(s): Paul Magana of Desert Sotheby's International Realty ((760) 424-3000) and Jess Alcantar of Jess D. Alcantar Realty((760) 578-0620)