CATALINA ISLAND HOTEL

229 Metropole Avenue, Avalon, CA, 90704
  • $6,250,000 Price
  • 7.64% Cap
  • 9,400 Sqft
  • 6,534 Lot
  • 24 Units
  • 56% Occ
  • 1990 Built

Catalina Island welcomes around 1 million visitors a year via Ferries, Helicopter or Private Boats and Planes. With limited opportunities for new development and rising visitor volume this value-add hotel investment opportunity provides high barriers to entry with potential for significant cash flow increase over the long term. The property is about 1/2 block to the Pacific Ocean and extremely close to shopping, restaurants, transportation, and activities. Vacant Lot (15,682 SF) next door may be available as well but is not part of this offering.

DOCUMENTS & REGISTRATION

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Please execute confidentiality agreement to access property documents

INVESTMENT HIGHLIGHTS

  • 1
    Rare Opportunity to Acquire a Catalina Island Hotel Property
  • 2
    Over 1 Million Visitors Per Year to the Island and Rising
  • 3
    High Barriers to Entry
  • 4
    1/2 Block to the Ocean - Ocean Views

listing

Presented By

John Carpenter Principal
310-963-1414 949-682-3088 01428910 john@legacycig.com

One Park Plaza Suite 600
Irvine, CA 92614
Broker Lic. 02090120

Lisa Zhou Principal
949-656-5518 949-209-9951 01924981 lisa@legacycig.com

One Park Plaza Suite 600
Irvine, CA 92614
Broker Lic. 02090120

Get in Touch