3 Broadway Circle King City, CA 93930; Hotel & Motel For Sale; 18/19

3 Broadway Circle King City, CA 93930; Hotel & Motel For Sale; 18/19


100 Rooms · Hotel & Motel For Sale

Motel 6
Price $5,300,000 Property Use Type Investment
No. Rooms 100 No. Stories 2
Building Size 23,116 SF Year Built 1978
Price/Room $53,000 Corridor Exterior
Property Type Hotel & Motel
Description

The Motel 6 King City is located on Highway 101 in south Monterey County just 145 miles south of San Francisco, 105 miles south of San Jose and 50 miles north of Paso Robles. The motel is 100 rooms plus a 1 bedroom manager’s apartment designed in three inter-connected 2 story buildings with exterior stairs and corridors.

King City located in south Monterey County, encompasses 2.8 square miles and has a population of approximately 11,600. The City’s economic base is largely dependent on agriculture with food processing and packing being the primary sources of employment.

Shops and services in King City extend from Broadway Street and includ e a variety of businesses. Several wineries are located nearby and numerous recreational facilities can be found in the city and oulying areas including King City golf course, San Lorenzo Regional Park, San Antonio Mission, Soledad Mission, Los Padres National Forest, Lake San Antonio and Nacimento and Fort Hunter Liggett Miltary Reserve.

The property is located on the west side of Highway 101 at the Broadway Street exit with excellent visibility for both north and southbound traffic and elevated signage.