INN AT HWY North H Street Lompoc, CA 93436

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1 INN AT HWY North H Street Lompoc, CA The Inn at Hwy 1 is a must-see, beautifully remodeled property in the heart of Lompoc, featuring charming touches through out. Situated in an excellent location off Highway 1, within walking distance to restaurants, shops and much more. Nearby, find activities & attractions, including the La Purisima Golf Course, La Purisima Mission State Historical Monument, Chumash Casino Resort, Vandenberg Air Force Base, and the soon to be California Space Center in Lompoc. Asking Price: $4,900,000 Lot size: 61,855 sf (1.42 acres) 59 units Rooms are equipped with wi-fi, refrigerator, microwave, and complimentary coffee. Property is in great condition with newly remodeled rooms. 1

2 PROPERTY OVERVIEW Newly remodeled rooms Guest laundry Free Wifi Pet Friendly Barbecue grills available outside 2

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4 LOMPOC, CALIFORNIA Situated in Santa Barbara County along the scenic Pacific Coast Highway, Lompoc is called the City of Arts and Flowers. More than half of the world s flower seeds are grown in the fields around Lompoc. Visitors enjoy all things nature from bird watching, bicycling, enjoying the nearby beaches, to shopping, flower tours, art galleries, museums, camping, antiquing, and even skydiving! Lompoc also boasts being the home to Vandenberg Air Force Base, one the nation s most important military and space installations and offers private base tours with reservations. The Pacific Ocean is only 9 miles from downtown Lompoc. The Santa Ynez River (dry most of the year) runs east to west through the Valley while Burton Mesa, a chaparral forest with sandy soil, lies to the north. The hills to the south are mined for diatomaceous (fossil) earth. In addition to the many activities and attractions for tourists, Lompoc is also close to many colleges and universities in Santa Barbara and San Luis Obispo Counties, including: Cal Poly San Luis Obispo, UC Santa Barbara, Allan Hancock Community College, Santa Barbara City College, University of LaVerne, and Santa Barbara Business College. 4

5 THINGS TO DO IN LOMPOC Visit California s Lost Mission, La Purisima Concepcion de Maria Santisima Take a tour of one of the many beautiful flower fields. Murals of Lompoc - Nearly 40 murals around the city of Lompoc. Explore Old Town Lompoc and take the Heritage Walk (approx. 1 mile). Lompoc Museum. Skydive. Visit Lompoc s state-of-the-art Aquatic Center. Explore the Lompoc Wine Ghetto and Wine Trail for an exquisite wine tasting experience. Cabrillo High School Aquarium. Vanderberg Air Force Base - Take a tour and get access to one of the nation s most important military and space installations. Coming soon - The California Space Center in Lompoc! 5

6 ALLAN HANCOCK COLLEGE PUBLIC SAFETY TRAINING COMPLEX Built on 80 acres, this state-of-the-art facility serves as a premier training location for Fire, Law Enforcement, EMS, and Environmental Health and Safety. It serves students enrolled in the college's public safety programs and additionally provides specialized and customized training that meets the needs of local, regional, state, national, and international public agencies and private industries. This facility in Lompoc is relevant to the hotel industry as it is estimated to bring in 50,000 people annually to the training complex. *Lompoc Record, March 19,

7 CALIFORNIA SPACE CENTER 7

8 LOMPOC STATISTICS 8

9 News from Explore Lompoc 10/14/15, 12:00 PM Subscribe Share Past Issues Translate Fall news for Lompoc Valley Tourism Partners View this in your browser Explore Lompoc Tourism News - September 2015 Lompoc Hoteliers Report Increase in TOT Lompoc hoteliers have confirmed that the occupancy rate is up 14% so far in 2015 compared to 2014, based on Transient Occupancy Tax (TOT) reports from the city of Lompoc, January through June. This increase appears to be on par with or ahead of TOT trends for other cities in the region. We re excited to see this increase in Lompoc, and that we are capturing our fair share of overnight visitors to the Central Coast region, said Paul Patel, President of Visit Lompoc LLC (dba Explore Lompoc). We have great plans in place for fall, and look forward to a strong finish for Page 1 of 5 12

10 News from Explore Lompoc 10/14/15, 12:00 PM Explore Lompoc PR Gaining Traction Hosting travel writers, and providing them with a first-hand experience of top things to see and do in Lompoc Valley, is a strategy that s working well. Since March, Explore Lompoc in partnership with participating local hotels, wineries, restaurants and attractions has hosted eleven travel and wine writers. These writers in turn have published dozens of positive stories and posts about Lompoc. Ventura has its agriculture, Santa Barbara has its shopping, and San Luis Obispo has its vineyards. But hidden among the chain of Central Coast hotspots lies a secret enclave with fewer crowds, small-town charm, and big-time creative culture: Lompoc, Almost $75,000 Awarded in Grants Explore Lompoc has awarded nearly $75,000 in grants and marketing support in 2015 to local organizations this year to entities promoting Lompoc Valley as a travel destination and bringing overnight guests to Lompoc hotels. Over the summer, new grants were awarded to: Lompoc Piper Cub Club for the West Coast Fly In (pictured above) Sta. Rita Hills Winegrowers Association for Wine & Fire Village Farmers Market Association for the Santa Barbara County Local Fest Boys & Girls Club for the Annual Golf Tournament and Auction Lompoc Wine Alliance for the new Harvest in the Ghetto With funding from the Tourism Business Improvement District (TBID), we have been able to develop community partnerships that support our mission to grow the local tourism economy through increased visitor Page 2 of 5 13

11 News from Explore Lompoc 10/14/15, 12:00 PM California. - Lindsay Indermill JesetExtra.com Check out recent travel articles and news releases at ExploreLompoc.com VIEW PRESS ROOM spending, says Grants Committee Chair Atul Patel It s a win-win for our community, our hotels, and the local organizations that benefit from these events Grant applications are now being accepted for Click Here for updated info on the Explore Lompoc Grant Program. Harness the Power of Social Media Sharing Scenic shots, tasty dishes, grape vines bursting with fruit, tandem jumps, beach sunsets and special events all help paint a colorful story about Lompoc. Through social media sharing, we can all be storytellers, and spread the word on the people, places and activities that make Lompoc a one-of-a-kind destination. The momentum for Lompoc is building. Keep those posts and shares coming and remember to tag yours #explorelompoc Fall Season Advertising Ramps Up Page 3 of 5 14

12 WHY TO BUY IN LOMPOC WHY$IT$IS$A$GOOD$INVESTMENT$TO$BUY$IN$LOMPOC$! In!2015!the!City!of!Lompoc!hoteliers!have!confirmed!a!14%!increase!in! occupancy!rate!compared!to!2014!! Allan!Hancock!College!serves!as!a!premier!training!location!for!Fire,!Law! Enforcement,!EMS!and!Environmental!Health!&!Safety.!!This!facility!is! estimated!to!bring!in!50,000!people!annually!to!the!training!complex!and!an! increase!of!revenue!the!for!hotel!industry!every!year!! Business!at!Vandenberg!AFB!and!the!City!of!Lompoc!doing!major! construction!will!increase!the!hotel!industry!during!the!week!because!the! workers!need!housing!!! Weekend!influx!of!people!visiting!Santa!Inez!or!Solvang!are!staying!in! Lompoc! New!brewery!being!opened!and!new!wineries!in!the!area!have!increased! visitors!to!the!area! Lompoc!has!an!annual!Flower!Festival!and!fields!of!flowers!which!attracts! visitors! La!Purisima!Mission!State!Historic!Park!is!in!Lompoc!! The!Murals!of!Lompoc!(40!murals!around!the!City)!attract!visitors!and!artists! The!Pacific!Ocean!is!9!miles!from!downtown!Lompoc!! The!City!of!Lompoc!has!contracted!with!a!group!of!investors!to!sell!80!acres! of!land!for!a!space!center!!when!investor!gets!its!funding!it!will!be!a!huge! boost!to!area! People!who!work!in!Santa!Barbara!live!and!commute!from!Lompoc!because! of!the!affordable!homes!! New!hospital!and!Home!Depot! Retired!people!moving!to!Lompoc!to!afford!to!live!! Business!is!booming!because!of!people!moving!to!Lompoc!! Cost!of!price!per!unit!much!lower!than!anywhere!in!County!of!Santa!Barbara!!very!advantageous!to!buy!when!price!lower! The!economy!has!been!very!strong!since!2014!and!growing! 15

13 CONFIDENTIALITY AND DISCLOSURE STATEMENT THIS CONFIDENTIAL PROPERTY INFORMATION PACKAGE (Package) is intended solely for your own limited use in considering the pursuit of negotiations to this property, and is not intended to be an offer for the sale of the Property. Western Hotel Brokers, has prepared this confidential Package, which contains brief, selected information pertaining to the business and affairs of the Property. Any information contained herein is obtained from sources considered reliable. However, neither the Owner of the Property nor Western Hotel Brokers purport this Package to be all inclusive or to contain all the information a prospective purchaser may desire. In addition, neither the Owner nor Western Hotel Brokers is responsible for any misstatement of facts, errors, omissions, prior sale, withdrawal from market, or change in terms, conditions or price without notice. The information supplied herein is for informational purposes only and neither the Owner, nor Western Hotel Brokers, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential Package or its contents, and no legal liability is assumed or implied with respect thereto. Any person or firm intending to rely upon the information herein should verify said information independently. By acknowledgment of your receipt of this Package, you agree that: its contents are confidential; you will hold and treat it in the strictest of confidence; you will not, directly or indirectly, disclose or permit anyone else to disclose this Package or its contents to any person, firm, or entity without prior written authorization of Western Hotel Brokers; you will not use or permit this Package or its contents to be used in any fashion or manner detrimental to the interest of the Owner of the Property. PHOTOCOPYING OR OTHER DUPLICATION OF ANY PART OF THIS PACKAGE IS STRICTLY PROHIBITED. THE OWNER OF THE PROPERTY EXPRESSLY RESERVES THE RIGHT AT ITS SOLE DISCRETION TO REJECT ANY OR ALL PROPOSALS OR EXPRESSIONS OF INTEREST IN THE PROPERTY AND TO TERMINATE DISCUSSIONS WITH ANY PARTY AT ANY TIME WITH OR WITHOUT NOTICE. THIS PACKAGE SHALL NOT BE DEEMED A REPRESENTATION OF THE STATE OF AFFAIRS OF THE PROPERTY NOR CONSTITUTES AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OF PREPARATION OF THIS PACKAGE. THE PROPERTY WILL BE SOLD ON AN AS IS, WHERE IS BASIS WITHOUT REPRESENTATION OR WARRANTY. If you do not wish to pursue negotiations leading to the acquisition of this Property, or if you discontinue such negotiations, you agree to return this confidential Package to Western Hotel Brokers. If you do not agree to abide by the terms stipulated in this Statement, please return this Package to Western Hotel Brokers prior to your review of the information contained herein. 16