« Capitola Hotel | 210 Esplanade | Capitola California | USA
Amber Hotel Company
28632 Roadside Drive, Suite 260
Agoura Hills, California
Contact John Griswold
# of Rooms10
Price Per Key$289,900
- Year Built: 1946
- Year Renovated: 2009
- Interest: Fee-Simple
- Number of Buildings: 1
- Number of Floors: 2
- Parking Spaces: 10 Permits for street parking
- Climate Control: Ceiling fans and heaters available in all rooms
- Posted By: Broker
- Property Type: Select-Service
- Interior Corridor: Available
- 10 unit boutique hotel located on the Esplanade, right across the street from the beach
- Centrally located amidst various art galleries, boutique shops, and restaurants
- Consistent Net Operating Income of around $150,000 +/-
- Room Revenue of $40,000 per unit
- Property is in very good condition
The Capitola Hotel is a boutique 10 unit property located in the charming beach village of Capitola, California. Having undergone major renovations over the past few years, the hotel is in excellent condition.
The city of Capitola is located in Santa Cruz County on the Monterey Bay, and is driving distance from the cities of Santa Cruz, San Jose, and San Francisco. Because of its excellent location, Capitola enjoys tourism from all over the state, country, and world. However, Capitola is an attractive city in its own right, characterized by the Capitola Wharf, Capitola Village, and the beautiful scenic Capitola Beach.
The Capitola Hotel itself is located in the Village amidst various art galleries, boutique stores, and restaurants. Furthermore, it is just a stone's throw away from the beach, which is bustling with people on sunny days.
Despite the country's economic downturn, the market in Capitola has remained strong. The Capitola Hotel itself has maintained strong daily rates, occupancy percentages, and revenues over the past few years.
|Average Daily Rate:||$156.06||$160.26||$178.84|
|Breakfast Area||Complimentary breakfast available in the lobby|
|Single King||3 Kings and 6 Queens|
|Double Queen||1 Double Queen|
|Guest Room Amenities|
|Climate Control||Ceiling fans and heaters available in all rooms|
|Television||Flat Screen televisions available in all rooms|
|Microwave||Microwave in lobby|
|Refrigerator||Refrigerator available in all rooms|
|Kitchenette||Kitchenette available in 1 room|
|Hair Dryer||Hair Dryers available in all rooms|
|Iron & Ironing board||Iron/Ironing boards available in all rooms|
Capitola is a beach village in Santa Cruz County on the Monterey Bay. A charming and attractive city in its own right, Capitola is just ten minutes away from the city of Santa Cruz, an hour away from San Jose, and an hour and a half away from San Francisco. Because of its excellent location, Capitola enjoys tourism from all over the state, country, and world.
Some of the city's local attractions are the Capitola Wharf, Capitola Village, and the beautiful scenic Capitola Beach. The Capitola Hotel itself is located in the Village amidst various art galleries, boutique stores, and restaurants. Furthermore, it is just a stone's throw away from the beach, which is bustling with people on sunny days. Capitola also hosts events such as the annual Begonia Festival and the annual Capitola Art & Wine Festival, both of which attract numerous vendors and visitors. Other attractions include the Capitola Historical Museum and the Capitola Mall.