Property Description

Passport Advisory Group is pleased to offer, on an exclusive basis, with respect to the sale of the Holiday Inn Express Grover Beach ("Hotel" or "Property") that is located in Grover Beach, California. The 78-room hotel opened in 1988 and with its recently completion of the IHG re-launch PIP, the property is in excellent physical condition. This fee simple interest property is being offered unencumbered by management.

The Holiday Inn Express has excellent visibility and is only minutes from downtown Pismo Beach, the ocean and all the area has to offer. The Hotel is located across from several large shopping centers with all your needs being met; outlet mall, restaurants, coffee shops, gas stations and grocery stores. The hotel is a quick drive to San Luis Obispo and Cal Poly San Luis Obispo. The central coast wine region, with over 50 wineries, is minutes from the Holiday Inn Express.

Key Investment Highlights
- Strong Revenues and cash flow
- Assumable Financing in Place
- Recently Renovated
- Transaction Advisory