3022 Mt. Pinos Way
This is a terrific commercial investment opportunity for a multi-unit motel or apartment complex. Located on the main strip in Frazier Park, the property has 8 different units. Five are small studio-style rooms, ideal for one person, with a full bathroom. One is a double unit, where the rooms are attached and can easily house 2-3 people. The seventh is a cabin with a studio, bathtub, and small kitchen. Finally, there is a larger suite, with a small backyard, two bedrooms, and a kitchen. All rooms are ideal for long-term tenants, and could be used as either a motel or apartment style living. Three of the eight units are currently rented; fully rented, the motel could generate over $5,000 per month in rental income. The property has ample parking with over 20 spots, and gorgeous Frazier Mountain overlooks the properties. Frazier Park is a wonderful location for full-time living and travelers, with 4 seasons, abundant outdoor activities, lovely local restaurants and shops, and many other amenities. This property truly has fantastic income potential. Contact your agent to see this investment opportunity today!
|List Price||$325,000||# of Units||8|
|Location||Frazier Park||# of Parking Spaces||20|
|Building Square Footage||1891 +-||Current Use||Motel|
|Lot Square Footage||13369 sf+-||Year Built||1948|