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$7,600,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID V1-36535
HOA Y/N No
Property Sub-Type Hotel/Motel
Property Description
An exceptional opportunity to acquire Casa Jardin, a boutique 13-key hotel ideally positioned in the heart of Santa Barbara's vibrant downtown. Located just blocks from Sate Street and moments from premier shopping, dining, wine bars, parks, music venues, the Santa Barbara Bowl, and the Funk Zone, the property offers both immediate income and long-term strategic upside. Casa Jardin was designed and been operated as a staffless and keyless hotel similar to your typical Short Term Rental property-making it a unique investment opportunity that delivers immediate and stabilized cash flow with in-place professional management. Additionally, each room is approved as a separate condominium, allowing for the potential to sell units individually and unlock additional future value.
Location
State CA
County Santa Barbara
Area Vc81 - Santa Barbara
Interior
Fireplace No
Building
Lot Description Sprinklers None
Dwelling Type Hotel/Motel
Water Public
Others
Tax ID 029221033
Special Listing Condition Standard
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Listed by Kim Crawford Village Properties kim.crawford@villagesite.com, DRE #01440068