1 Davenport Ave - Hospitality FOR SALE


Davenport, CA 95017
$3,900,000 USD
310-717-7477
1 Davenport Ave, Davenport, CA for Sale
$3,900,000 USD
Hospitality - FOR SALE
1/36
null | Request Cap Rate

1 Davenport Ave
Davenport, CA 95017


HIGHLIGHTS

  • High Barrier-To-Entry Northern California Coastal Market
  • Multiple Revenue Generating Opportunities
  • Unencumbered by Brand and Management
  • Discount to Replacement Cost

OVERVIEW

Hershler Hospitality, as sole and exclusive agent, is pleased to offer for sale the fee simple interest in the Davenport Roadhouse (“Hotel” or “Property") located along the California Coast Line approximately nine miles north of Santa Cruz, CA. This offering presents a unique opportunity to acquire a recently-renovated, independent operating inn and restaurant asset located wthin a high barrier-to-entry Northern California coastal market at a favorable basis. Do not contact any employees at the Property nor the Owner without prior written authorization from Broker. Please contact me for more information: Cell: 310-717-7477 Email: jared@hershlerhospitality.com DRE# 02019478 Broker of Record: Raakel Real Estate Corp. License# 02190082

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$440 USD /SF

# OF ROOMS

9

PRICE/ROOM

$433,333 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Davenport Roadhouse Restaurant & Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1977

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

C-1

APN/PARCEL ID

058-082-26-000

ASK ABOUT THIS PROPERTY

Jared HershlerHershler HospitalityMore Info
310-717-7477

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Jared HershlerHershler HospitalityMore Info
310-717-7477

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.