Listing ID : 220007346
-
Beds
6 -
Baths
4/1 -
Structure
2,500 Sqft -
Year
1949
Description
Pleased to present for sale Coronado Carriage Quarters, a 2-suite luxury vacation rental on Coronado Island with attractive future redevelopment potential. Resting on a 7,294 SF lot, this property offers 2,920 SF of current rentable area. This unique opportunity has a rare hotel/motel zoning designation enabling investors to capitalize on short term rentals in one of the top destinations for tourism in the United States. Anywhere on the Island outside of this zoning requires a 26-night minimum.
Details
Type:
Multi-Family/Income Sale
MLS Area:
South Bay
County: San Diego
Tax ID: 5375701000
Building Name: N/a
Building Size: 2,500 SqFt
Cap Rate: 3%
Net Operating Income: $269,299
Appliances: Dishwasher, Range/Oven, Refrigerator
Heating: Forced Air
Number of Units: 2
Property Type: Residential Income
Roof: Concrete
Sub Type: Multi Family
Zoning: HM
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1113 Adella Ave., Coronado, CA 92118
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