888 S Main St - Hospitality FOR SALE


Fort Bragg, CA 95437
$7,500,000 USD
310-717-7477
888 S Main St, Fort Bragg, CA for Sale
$7,500,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

888 S Main St
Fort Bragg, CA 95437


HIGHLIGHTS

  • Desirable Coastal Location
  • High Barrier-to-Entry Market
  • Value-Add Opportunities
  • Discount to Replacement Cost
  • Strong In-Place Cash Flow
  • Rental Income Generated through Long-Term Restaurant Lease

OVERVIEW

Hershler Hospitality, as sole and exclusive advisor to ownership, is pleased to offer for sale the fee simple interest in the 53-room Super 8 by Wyndham (“Hotel” or “Property”) located in Fort Bragg, CA. The AAA-approved Super 8 Fort Bragg hotel is located on historic Highway 1, just across the street from the Pacific Ocean where guests can enjoy scenic views of redwood forests and easy access to northern California’s best natural attractions including Mendocino, MacKerricher State Park, and Glass Beach. This offering presents a unique opportunity to acquire a recently renovated hotel asset situated in 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

$7,500,000 USD

PRICE/SF

$396 USD /SF

# OF ROOMS

53

PRICE/ROOM

$141,509 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 by Wyndham Fort Bragg

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1984

PARKING SPACES

70

LAND DETAILS

LAND ACRES

1.19 AC

LAND SF

51,836 SF

ZONING

N0

APN/PARCEL ID

018-120-42-00

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.