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6 S Wood St
Salinas, CA 93905 Greater Salinas

$3,200,000 USD

Hotel For Sale  •  8,196 SF

Property Details

  • Property Type Hotel
  • Total Building Size 8,196 SF
  • Lot Size 0.53 AC
  • Building Class C
  • Year Built 1964
  • Tenancy Single
  • Zoning CR-FG5
35 Transit Score
88 Walk Score

Description

Now offered for sale, the Western Motel is a well-maintained 25-unit independent motel located in the heart of Salinas, California. The motel benefits from recent upgrades, including dual-pane windows throughout, a 400-amp electrical service, updated plumbing with a water softening system, and an oversized water heater. Each guest room is equipped with A/C units for added comfort, while property-wide amenities include 25 parking spaces (with ADA compliance and EV charging), Comcast TV/WiFi, and a 15-camera security system. A unique feature of the property is the on-site owner’s quarters: a 2-bedroom/2-bath residence with a full kitchen, family room, and separate living area, offering convenience for operators or potential for alternative use. Motel laundry facilities, office space, and booking integrations with major platforms provide further operational efficiency.

With current occupancy at approximately 40%, the property offers strong value-add potential, as market occupancy trends are closer to 70–80% in the region. This makes Western Motel an attractive acquisition for hands-on operators or investors seeking both immediate income and long-term upside.

Highlights

25-unit boutique motel in Salinas, CA
Strong upside potential with increased occupancy (current ~40% vs. market ~75%)
Ideal for owner/operator — includes 2BR/2BA living quarters
Significant upgrades completed; minimal deferred maintenance
Stabilized NOI: $435,912 — 12.5% Pro Forma Cap Rate

Public Transportation

Commuter RailDriveWalkDistance
4 min - 1.7 mi
AirportDriveWalkDistance
Monterey Regional 24 min - 17.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 25
Type: Surface
Included in Rent: Yes
Eddie Guajardo 831-206-2335 eXp Realty of California, Inc.
Eddie Guajardo 831-206-2335 eXp Realty of California, Inc.