About This Home
This 0-bedroom, 0-bathroom single family at 2111 Whitley Avenue in Corcoran, CA is listed for $2,295,000 ($208 per sqft). the home offers 11,050 sqft of living space on a 0.98 acres lot.
Key Features
- 0.98 acre lot
Investment opportunity, Turnkey 27-unit motel in Corcoran, California, offered at $2,295,000, an 8.9% capitalization rate on in-place income. The Corcoran Country Inn pairs three things that rarely appear together at this price: strong current cash flow, recent capital already invested, and clear, buyer-controlled paths to grow.
The property has been substantially renovated over the past four to five years and carries a 9.0 out of 10 guest rating across nearly 1,000 reviews on eight booking platforms. Recent capital improvements include new plumbing, new bathtubs, a newly renovated front office and manager's apartment, and a secured, gated property. That work is already done, which means a new owner steps into a clean, well-reviewed asset rather than a deferred-maintenance project.
Monthly Cost Estimate
$12,274/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2111 Whitley Avenue
Corcoran, CA 93212
Questions & Answers
This 0-bedroom, 0-bathroom single family at 2111 Whitley Avenue is listed at $2,295,000 ($208/sqft). The estimated monthly payment is $12,274 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.98 acre lot.
This property is listed by Jerry D Moore and can be reached at 5593626554.