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Old Sierra City Hotel 212 Main St 12 Room Hotel Sierra City, CA 96125 $900,191 CAD ($75,016 CAD/Room)
INVESTMENT HIGHLIGHTS
- Historic Destination Asset
- Value-Add Potential
- Lifestyle/Owner-Operator Appeal
- Tourism Demand Drivers
- Barriers to Entry
EXECUTIVE SUMMARY
Hershler Hospitality Inc., as the sole and exclusive advisor to ownership, is pleased to present the opportunity to acquire the fee simple interest in the Old Sierra City Hotel (“Hotel”)—a historic hospitality asset with intrinsic character and durable tourism demand drivers.
With limited regional lodging supply and the ability to increase revenues through targeted value-add initiatives, the property offers both lifestyle appeal and investment upside. This is an attractive acquisition for either an owner-operator seeking cash flow with upside potential, or an investor interested in repositioning a unique mountain-destination hotel.
Please do not contact any employees at the property nor the owner without prior written authorization from the broker.
Jared Hershler
Hershler Hospitality Inc.
Cell: 310-717-7477
Email: jared@hershlerhospitality.com
DRE# 02019478
Corporation License ID: 02249190
With limited regional lodging supply and the ability to increase revenues through targeted value-add initiatives, the property offers both lifestyle appeal and investment upside. This is an attractive acquisition for either an owner-operator seeking cash flow with upside potential, or an investor interested in repositioning a unique mountain-destination hotel.
Please do not contact any employees at the property nor the owner without prior written authorization from the broker.
Jared Hershler
Hershler Hospitality Inc.
Cell: 310-717-7477
Email: jared@hershlerhospitality.com
DRE# 02019478
Corporation License ID: 02249190
PROPERTY FACTS
| Price | $900,191 CAD | Building Size | 5,501 SF |
| Price Per Room | $75,016 CAD | No. Rooms | 12 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1880/2016 |
| Property Subtype | Hotel | Parking Ratio | 0.36/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 0.19 AC | Opportunity Zone |
Yes
|
| Zoning | CC | ||
| Price | $900,191 CAD |
| Price Per Room | $75,016 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 5,501 SF |
| No. Rooms | 12 |
| No. Stories | 3 |
| Year Built/Renovated | 1880/2016 |
| Parking Ratio | 0.36/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | CC |
AMENITIES
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 12 | $126.03 CAD | - |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $491,297 CAD | |
| Land Assessment | $77,046 CAD | Total Assessment | $568,343 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$77,046 CAD
Improvements Assessment
$491,297 CAD
Total Assessment
$568,343 CAD
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Old Sierra City Hotel | 212 Main St
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