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2165 SOLANO ST
CORNING, CA 96021-2712
Asking Price
$3.50M
Asset Type
Motel Multifamily
Class
Class B
What's Special
Income and Conversion Opportunity <p><strong>Strategic Interstate 5 Corridor Placement:</strong> Perfectly positioned right off Interstate 5, Corning serves as a frequent, highly convenient stop and rest destination for travelers journeying between Sacramento and the Pacific Northwest. </p><p></p><p><strong>Proximity to Rolling Hills Casino and Resort:</strong> Located just minutes away along the I-5 corridor, this major regional draw features gaming, dining, live entertainment, an 18-hole championship golf course, and an equest
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NOI
$80,000
Cap Rate
2.29%
DSCR
0.38
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,316.09
Annual Cash Flow
$-127,793.084
