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Hotel Avanti 1107 N Broadway 27 Room Hotel Santa Maria, CA 93454 $7,884,728 CAD ($292,027 CAD/Room) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Newly renovated!
- High traffic area!
- Premium bathroom finishes.
EXECUTIVE SUMMARY
EVERLYGROVE HOTEL BROKERS is pleased to present the opportunity to acquire Hotel Avanti, a newly renovated hospitality asset in Santa Maria, CA. Positioned along the bustling Broadway corridor in Santa Barbara County, this 27-key, 6,000-square-foot hotel sits on a 22,500-square-foot lot. The property benefits from recent renovations in 2024, modern amenities, and a prime location with convenient access to local attractions.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $7,884,728 CAD | Lot Size | 0.61 AC |
| Price Per Room | $292,027 CAD | Building Size | 6,000 SF |
| Sale Type | Investment | No. Rooms | 27 |
| Cap Rate | 7% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1953/2024 |
| Property Subtype | Hotel | Parking Ratio | 5.33/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | C-2 - General Commercial District | ||
| Price | $7,884,728 CAD |
| Price Per Room | $292,027 CAD |
| Sale Type | Investment |
| Cap Rate | 7% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.61 AC |
| Building Size | 6,000 SF |
| No. Rooms | 27 |
| No. Stories | 2 |
| Year Built/Renovated | 1953/2024 |
| Parking Ratio | 5.33/1,000 SF |
| Corridor | Exterior |
| Zoning | C-2 - General Commercial District |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | $253.36 CAD | - |
| Guest Room | 25 | $221.52 CAD | - |
1 1
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $1,614,255 CAD | |
| Land Assessment | $837,585 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $776,670 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$837,585 CAD
Improvements Assessment
$776,670 CAD
Total Assessment
$1,614,255 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Hotel Avanti | 1107 N Broadway
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