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 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

Contacts

Luis Vazquez

Sperry Commercial

Location

Getting Around

Walk Score ®
47/100 Car-Dependent
Transit Score ®
31/100 Some Transit
Bike Score ®
44/100 Somewhat Bikeable

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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