Map of Property

10 CAP/Transitional Living/Tax Credit Potential

For Sale

1120 E. Holt Boulevard, Ontario, CA 91762

This Ontario property for sale is located at 1120 E. Holt Boulevard. The current listed sale price for 10 CAP/Transitional Living/Tax Credit Potential is $10,900,000. 10 CAP/Transitional Living/Tax Credit Potential is situated on a lot that is 1.04 acre in size.

Contacts

broker

Luis Vazquez

Sperry Commercial

Property Details

  • Property Type Other
  • Property Size 20,207 SF
  • Units 65
  • Lot Size 1.04 Acre
  • Additional Rent Contact for pricing
  • Year Built 1988
  • Date Updated Oct 31, 2024
Discover the vibrant potential surrounding the Mayfair Inn - Affordable Housing Conversion in Ontario, CA. Located in an improving area, this property offers proximity to a range of appealing amenities. The area boasts convenient access to Ontario International Airport. With its strategic location and access to prominent points of interest, the Mayfair Inn - Affordable Housing Conversion is an exciting prospect for an Affordable Housing Buyer.IN PLACE POTENTIAL 10 CAP/POTENTIAL TAX CREDITS FOR BUYER! Introducing a compelling Transitional Housing Conversion Opportunity in Ontario, CA. This 20,207 SF building, well maintained with a concrete driveway, houses 65 Rooms, presenting an ideal setup for Affordable Housing. Built-in 1988, this property boasts excellent street exposure, offering high visibility and strategic positioning in a path of progress. Its prime location near Ontario Airport and retail establishments underlines its desirability. With the potential for tax credits and a strong foundation for long-term ownership, this property represents a promising venture for investors seeking a lucrative foothold in the vibrant hospitality sector.

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Highlights

  • Potential Tax Credits - Plus 10 Years of Consecutive Ownership
  • Potential 10 CAP with Existing Regional Transitional Housing Tenant
  • Well Maintained and Located Property
  • 1988 Construction with Concrete Parking Lot
  • Independent Hotel with no Franchise Flag or Franchise Fees

Getting around

  • 47/100

    Walk Score ®

  • 31/100

    Transit Score ®

  • 44/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Ontario, CA
  • Zip Code 91762
  • Market Inland Empire

Points of Interest

  • Ontario

    1.12 miles

  • East Ontario

    3.30 miles

  • Rancho Cucamonga

    4.49 miles

  • Claremont

    5.39 miles

  • Pomona–North

    7.32 miles

  • Pacific Electric - Etiwanda Station

    7.48 miles

  • Circle K

    1.06 miles

  • Arco

    1.06 miles

  • Shell

    1.15 miles

  • Valero

    1.15 miles

  • Ontario Supercharger

    1.16 miles

  • Chevron

    1.23 miles

  • Mobil

    2.19 miles

  • Upland Village Center

    3.27 miles

  • eVgo

    4.08 miles

  • ChargePoint

    4.16 miles

  • Cell Phone Waiting/TNC Staging Lot

    1.32 miles

  • Lot 2

    1.75 miles

  • Lot 3

    2.04 miles

  • Lot 4

    2.45 miles

  • Comfort Suites Ontario Airport Convention Center

    1.00 miles

  • Best Western Plus Ontario Airport & Convention Center

    1.04 miles

  • Days Inn

    1.07 miles

  • Sheraton Ontario Airport Hotel

    1.08 miles

  • Ontario Airport Inn

    1.09 miles

  • Motel 6 Ontario, CA - Airport

    1.12 miles

  • Ramada Ontario

    1.14 miles

  • Travelodge Ontario

    1.15 miles

  • Countryside Suites Ontario

    1.16 miles

  • Wyndham

    1.19 miles

  • Target

    1.15 miles

  • Valley Department Store Big & Tall

    1.24 miles

  • Stater Bros.

    1.59 miles

  • Stater Bros. Markets

    1.69 miles

  • Cardenas

    2.06 miles

  • El Super

    2.38 miles

  • Grocery Outlet

    2.39 miles

  • Food 4 Less

    2.46 miles

  • FAMSA

    2.53 miles

  • American Freight

    2.66 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Luis Vazquez

Sperry Commercial