Conversion to Senior Living/Permanent Housing/Commercial/Educational Opportunity

Highlights:

• - Anaheim Hills, Adjacent to Yorba Linda and Near Nixon Presidential Museum
• - Large 2.99 Acre Lot (Per Assessor)
• - Permanent Housing is allowed in the current Mid Mixed Use Zoning Area
• - Across the Street from Significant Retail Establishments (McDonald's, Jack In the Box, In and Out, CVS, Etc.)
• - Excellent Street Exposure with Freeway Signage Visibility
• `` Pro Forma 7.4 Cap Rate
• - Seller experienced with the Conversion Process

Description:

Currently operating as the Motel 6 and Studio 6 Anaheim Hills, the property is zoned Mixed Use Medium (Effective June 2025). The zoning will allow Permanent Housing and Senior Living, as well as other potential uses (please see the Zoning Section). The City has indicated that the Current Building cannot be used as Permanent Housing per Code but that they are willing to review the Buyers plan for the use of the building. The existing building can be used for Senior Living.
The Property comprises 118 rooms and a large common area with a pool that could be repurposed as additional living space. Included in Studio 6 are 28 suites. Situated on an approximate 2.9-acre lot, the Property has ample parking for 119 spaces.

This Conversion Opportunity is located in Anaheim Hills. Anaheim Hills is a community in Orange County in Southern California, directly south of Yorba Linda. Although it is part of Anaheim, it does not border central Anaheim and is geographically separated from that part of the city, so the name Anaheim Hills is used to distinguish it from Anaheim.
The Property is located just to the West and is visible from the 91 Freeway off of the Imperial Highway off-ramp. From this offramp, the Nixon Presidential Museum is just to the West in the adjacent City of Yorba Linda.

---

Report Listing This listing was syndicated through:

Documents: