10 CAP/Transitional Living/Tax Credit Potential

1120 E. Holt Boulevard, Ontario, CA 91762

  • For Sale $10,900,000
  • 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 Dec 18, 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

Contacts

broker

Sperry Commercial

Location

Getting Around

  • Walk Score ®

    47/100 Car-Dependent
  • Transit Score ®

    31/100 Some Transit
  • Bike Score ®

    44/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Church's Chicken

    0.62 miles

  • Wendy's

    0.76 miles

  • Andy's Burgers

    1.03 miles

  • Jack in the Box

    1.03 miles

  • Wingstop

    1.05 miles

  • McDonald's

    1.07 miles

  • Phở King

    1.07 miles

  • Spire's

    1.12 miles

  • KFC

    1.14 miles

  • In-N-Out Burger

    1.16 miles

  • Lincoln School

    0.49 miles

  • Lincoln Development Center

    0.52 miles

  • Ray Wiltsey Middle School

    0.67 miles

  • Mariposa Elementary School

    0.73 miles

  • Del Norte Elementary School

    0.81 miles

  • Central Elementary School

    1.10 miles

  • Corona Elementary School

    1.40 miles

  • Saint George Parish School

    1.42 miles

  • Berlyn Elementary School

    1.43 miles

  • De Anza Middle School

    1.43 miles

  • Heavenly Care Daycare Center

    3.04 miles

  • Gymboree

    3.16 miles

  • Foothill Child Development Center

    3.17 miles

  • Live Oak State Preschool

    3.54 miles

  • Creative Explorers

    3.98 miles

  • Chino Head Start State Preschool

    4.31 miles

  • Kiddie Academy

    5.27 miles

  • Montessori Academy

    5.29 miles

  • Little Explorers Academy

    5.59 miles

  • KinderCare

    5.68 miles

Frequently Asked Questions

How much does 10 CAP/Transitional Living/Tax Credit Potential cost?

The space currently listed for sale at 10 CAP/Transitional Living/Tax Credit Potential asks for $10,900,000.

What is the total square footage of 10 CAP/Transitional Living/Tax Credit Potential?

10 CAP/Transitional Living/Tax Credit Potential totals 20,207 square feet.

When was this property built?

10 CAP/Transitional Living/Tax Credit Potential was built in 1988.

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Contact Listing Broker
broker

Sperry Commercial