10215 E Highway 20 - Hospitality FOR SALE


Clearlake Oaks, CA 95423
$2,080,000 USD
510-566-9355
10215 E Highway 20, Clearlake Oaks, CA for Sale
$2,080,000 USD
Hospitality - FOR SALE
1/10
null | 8.5% Cap Rate

10215 E Highway 20
Clearlake Oaks, CA 95423


OVERVIEW

Lake Marina Inn is beautiful independent own motel in the Clearlake Oaks city on the Clearlake. which is California's largest lake. Property is on the lake has 13 rooms total with 9 rooms has kitchenette and 3 double bedroom and 1 with disability access. Also has 1 bed and 1 bath Manager Apartment. all rooms has basic required amenities. Motel offer 30ft. long dock going in water for people who are interested in fishing. also offers BBQ area. Motel has local and loyal customers from around California. Lake county is one of the county known for Fishing, birdwatching, fish and wine festival during summer time and various other activities. Lake is surrounded by nature, trail and don't forget wine tourism. over all this gem has many [potential if one interested in Airbnb or run it as it is. if, your are interested consider contacting. Most part Motel offer breathtaking view.

FOR SALE DETAILS

PRICE

$2,080,000 USD

PRICE/SF

$401 USD /SF

# OF ROOMS

13

PRICE/ROOM

$160,000 {currency}

CAP RATE

8.5%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lake Marina Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1959

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

CR

APN/PARCEL ID

035-532-140-000

ASK ABOUT THIS PROPERTY

vinal patelRamaa corporationMore Info
510-566-9355

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vinal patelRamaa corporationMore Info
510-566-9355

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