207 5th Ave 734, San Diego, CA 92101

Property Description

Hard Rock Hotel, Condo-Hotel (Condotel) Unit. Unique opportunity to buy into one of the premier hotel franchises in the World. The Hard Rock Hotel is an iconic property with wide appeal to upscale clientele WorldWide. Come and enjoy the Rock & Roll lifestyle with ultra-modern style and rockin' ambience throughout. Full service Hotel with concierge, clubs, restaurants, spa & lounges on site, full amenity package, hotel security, valet parking, city-lights views. Mere Steps from Gaslamp & Petco Park. This is a Condo Hotel Unit. The Owner has rights to 28 days occupancy with reservation. The rest of the time, the unit is rented out as a full-service hotel room. The unit itself is basically a Hotel Room and includes all FF&E under Management Contract. The hotel room rents go to offset the HOA fees and provide a return on investment to the unit owner. Some units report returns of 10% and more. Performance will vary depending on occupancy. Performance reports available with accepted offer. BUYER TO VERIFY ALL PRIOR TO COE. THIS IS A COMMERCIAL CONTRACT SALE. Send offer on COMMERCIAL CONTRACT. Availability of financing may be an issue. Agent is investigating. Unit sold in AS IS condition, it is professionally maintained and in excellent overall condition. This is a Cooperative Short Sale. Sale is pre-approved at the listed price. Cash offers preferred, but by all means submit terms. All terms and conditions subject to Lender Approval. Exterior: Metal. Heating: Forced Air Unit. Association Fee Includes: Exterior Bldg Maintenance,Exterior (Landscaping),Hot Water,Common Area Maintenance. Interior Walls: Drywall. Market Area: Metro Central. Parking Garage: Underground. Unit Location: Middle. Sewer: Sewer Connected. Spa: Community/Common. View: City,Evening Lights. Water: Meter on Property.