12901 Avenue of the Giants St - Hospitality FOR SALE


Myers Flat, CA 95554
$1,100,000 USD
310-717-7477
12901 Avenue of the Giants St, Myers Flat, CA for Sale
$1,100,000 USD
Hospitality - FOR SALE
1/23
null | Request Cap Rate

12901 Avenue of the Giants St
Myers Flat, CA 95554


HIGHLIGHTS

  • Excellent Location in the Humboldt Redwoods State Park
  • High Barrier-To-Entry Northern California Market
  • Multiple Revenue Generating Opportunities
  • Discount to Replacement Cost

OVERVIEW

Hershler Hospitality, as sole and exclusive advisor, is pleased to offer for sale the fee simple interest in the Myers Country Inn (“Hotel” or “Property”) located in the heart of the Humboldt Redwoods State Park. Ideally positioned on the famed Avenue of the Giants, the Hotel consists of ten guestrooms plus an owner / manager’s unit. The offering includes an adjacent ~ 4,000 square foot structure which can be constructed for additional guestrooms, meeting, and/or food & beverage space. This offering presents a unique opportunity to acquire a historic bed & breakfast in a high barrier-to-entry Northern California 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

$1,100,000 USD

PRICE/SF

$114 USD /SF

# OF ROOMS

11

PRICE/ROOM

$100,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Myers Country Inn

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1867

PARKING SPACES

18

LAND DETAILS

LAND ACRES

1.97 AC

LAND SF

85,897 SF

ZONING

CH-D-F-Q

APN/PARCEL ID

081-111-012-000,081-111-014-000,081-111-019-000,081-111-020-000

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.