747 Tenth Ave, Downtown, CA 92101

$3,000,000
1
BD
219,335
SqFt
List Price
$3,000,000
Days on Market
22
Status
ACTIVE
MLS#
170056696
Bedrooms
1
Living Sq. Ft
219,335
Lot Size(Range)
1-3,999 SF
Lot Size(apprx.)
3,075
Complex/Building Name
Mudville Flats
Property Type
Multifamily
Year Built
1905

Property Description

Mudville Flats is a unique San Diego boutique hotel opportunity which is turn key, completely furnished and in full operation. This is a long-standing fixture in San Diego's vibrant East Village with a solid history of strong occupancy. Business Insider Magazine listed it as one of the 50 coolest small businesses in America! #1 rated independent San Diego hotel on Yelp, Trip Advisor Hall of Fame award winner for the past 6 years among other honors! There is major upside potential with this property.

Additional Information

Annual Expense Actual
28397
Building Name
Mudville Flats
Cooling
Zoned Area(s), Other/Remarks
Gross Rent Multiplier Actual
12
Gross Rent Multiplier Project
8
Gross Scheduled Income Actual
226800
Gross Scheduled Income Project
331200
Heat Equipment
Wall/Gravity
Heat Source
Electric
Living Area
219,335
Lot Size
3,075
Lot Size Range
1-3,999 SF
Neighborhood
East Village
Other Income Projected
19200
Roof
Composition
Stories
2 Story
Style
Res Income 2-4 Units
Tenant Pays
Other/Remarks
Year Built
1905

Room Dimensions

Supplement
The building is not historically designated and can be developed, maintained as the existing hotel, turned into an owner occupied property or another business opportunity. The private backyard is unlike anything you've seen downtown; a serene and tranquil oasis in the middle of San Diego's fastest growing neighborhood. Call for details!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams SD Metro