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Hotel Mac Rae 409 Crescent Ave 24 Room Hotel Avalon, CA 90704 $13,133,750 CAD ($547,240 CAD/Room) 9.96% Cap Rate
INVESTMENT HIGHLIGHTS
- Rare Boardwalk/Main Beach Fee-Simple Parcel
- Near Double Digit existing CAP Rate
- Turn-Key Condition
- Huge Passive Income from NNN Retail Space Leases
EXECUTIVE SUMMARY
Atlas Hospitality Group is pleased to offer for sale the Hotel Mac Rae, a 24-room beachfront property located in Avalon Bay on Catalina Island. The hotel is situated directly on Crescent Avenue, Avalon’s main pedestrian promenade. The Hotel has experienced an extraordinary increase in room income of over 30% YTD. This is also a VERY rare fee-simple offering directly on the boardwalk.
The property features NNN income from three retail shop tenants on the ground floor while all guest rooms are located on the upper floors. Hotel amenities include complimentary continental breakfast, Wi-Fi, beach towels, luggage storage, and an after-check-out shower for the convenience of the hotel guests.
Hotel Mac Rae benefits from its prime oceanfront location in one of California’s most exclusive island destinations, a market characterized by strong year-round leisure demand, robust RevPAR growth, and limited hotel supply. Surrounded by shops, restaurants, and outdoor attractions, the property offers both a stable income stream from its retail component and operational upside through revenue management strategies and continued hospitality enhancements.
As stated above, the Hotel has benefited from huge YTD income growth. The three NNN leased retail spaces generate a significant of passive income. Based on YTD hotel income growth and NNN leased spaces, this offering will generate an immediate double digit CAP rate for investor.
The property features NNN income from three retail shop tenants on the ground floor while all guest rooms are located on the upper floors. Hotel amenities include complimentary continental breakfast, Wi-Fi, beach towels, luggage storage, and an after-check-out shower for the convenience of the hotel guests.
Hotel Mac Rae benefits from its prime oceanfront location in one of California’s most exclusive island destinations, a market characterized by strong year-round leisure demand, robust RevPAR growth, and limited hotel supply. Surrounded by shops, restaurants, and outdoor attractions, the property offers both a stable income stream from its retail component and operational upside through revenue management strategies and continued hospitality enhancements.
As stated above, the Hotel has benefited from huge YTD income growth. The three NNN leased retail spaces generate a significant of passive income. Based on YTD hotel income growth and NNN leased spaces, this offering will generate an immediate double digit CAP rate for investor.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| 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 (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| 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 | $13,133,750 CAD | Lot Size | 0.19 AC |
| Price Per Room | $547,240 CAD | Building Size | 15,111 SF |
| Sale Type | Investment | No. Rooms | 24 |
| Cap Rate | 9.96% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1920/2023 |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | ||
| Zoning | C1 - Neighborhood Commercial Zoning | ||
| Price | $13,133,750 CAD |
| Price Per Room | $547,240 CAD |
| Sale Type | Investment |
| Cap Rate | 9.96% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 15,111 SF |
| No. Rooms | 24 |
| No. Stories | 2 |
| Year Built/Renovated | 1920/2023 |
| Corridor | Exterior |
| Zoning | C1 - Neighborhood Commercial Zoning |
AMENITIES
- On-Site Retail
- Beach (direct access)
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 24 | $226.73 CAD | - |
1 1
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 7480-016-005 | Total Assessment | $3,426,389 CAD |
| Land Assessment | $2,342,913 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,083,476 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
7480-016-005
Land Assessment
$2,342,913 CAD
Improvements Assessment
$1,083,476 CAD
Total Assessment
$3,426,389 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Hotel Mac Rae | 409 Crescent Ave
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