Skip To Content

700 N Sorensen Avenue

Calipatria, CA 92233
  • $4,200,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 219099878
Foreclosure
UPDATED: 42 min ago
$4,200,000
  • 0
    BEDS
  • 5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1994
County:

School Ratings & Info

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.

Monthly Payment Calculator

©2023 California Desert Association of Realtors. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Glaab and Associates | Bennion Deville Homes. Based on information from the California Desert Association of Realtors as of 2023-09-30T18:35:19.907. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
www.janiceglaab.com/homes/143407151
Print Image

700 N Sorensen Avenue Calipatria, CA 92233

  • Price: $4,200,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 42 min ago
  • MLS #: 219099878
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

Entry Floor Number 2 Lot Features Corner LotFront YardLandscapedLot Over 40000 SqftLot Shape - RectangularNear Public TransitOver 40 Units/AcrePrivate RoadValue in Land Total Parking Spaces 0.00

Interior Features

Heating Type CentralElectricHeat PumpNatural Gas

Property Features

Asset Class Hotel/MotelMulti-FamilyOfficeRetail Building Features Living QuartersPhone SystemRec RoomTv System Building Name Calipatria Inn Building Status Existing Business Info Financing Available Yes Business Info Investment Property Yes Business Info Office Type Owner User Business Info Year Established 2016 Financing Details OtherPrivate Financing Available Land Use Multi-FamilyOfficeRetail Laundry None Listing Terms CashContractPrivate Financing AvailableStandard Sale Ownership Type Partnership Property Sub Type Hotel-Motel Sale Type Real Estate OwnedStandard Security Safety 24 HourCarbon Monoxide Detector(S)Resident ManagerSmoke DetectorTv Utilities Cable TvElectricity - In StreetElectricity AvailableElectricity ConnectedPhone ConnectedTelephone - In StreetUnderground UtilitiesWater Meter On Property Water Meter On Property

Listing information © 2023 California Desert Association of Realtors.
Listing provided courtesy of Paul Magana of Desert Sotheby's International Realty: (760) 424-3000.
©2023 California Desert Association of Realtors. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Glaab and Associates | Bennion Deville Homes. Based on information from the California Desert Association of Realtors as of 2023-09-30T18:35:19.907. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
 
https://bt-photos.global.ssl.fastly.net/damls/1280_boomver_1_219099878-2.jpg https://bt-photos.global.ssl.fastly.net/damls/1280_boomver_1_219099878-2.jpg https://bt-photos.global.ssl.fastly.net/damls/1280_boomver_1_219099878-2.jpg
Logo
Glaab and Associates | Bennion Deville Homes
44530 San Pablo, Suite 101
Palm Desert CA, 92260