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Super 8 by Wyndham Fort Bragg 888 S Main St 53 Room Hotel Fort Bragg, CA 95437 $10,383,750 CAD ($195,920 CAD/Room)
INVESTMENT HIGHLIGHTS
- Desirable Coastal Location
- Value-Add Opportunities
- Strong In-Place Cash Flow
- High Barrier-to-Entry Market
- Discount to Replacement Cost
- Rental Income Generated through Long-Term Restaurant Lease
EXECUTIVE SUMMARY
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
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
PROPERTY FACTS
| Price | $10,383,750 CAD | Building Size | 18,931 SF |
| Price Per Room | $195,920 CAD | No. Rooms | 53 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1984/1999 |
| Property Subtype | Hotel | Parking Ratio | 3.7/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.19 AC | ||
| Zoning | N0 | ||
| Price | $10,383,750 CAD |
| Price Per Room | $195,920 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.19 AC |
| Building Size | 18,931 SF |
| No. Rooms | 53 |
| No. Stories | 2 |
| Year Built/Renovated | 1984/1999 |
| Parking Ratio | 3.7/1,000 SF |
| Corridor | Exterior |
| Zoning | N0 |
AMENITIES
- Business Center
- Restaurant
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 53 | $135.68 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 018-120-42-00 | Improvements Assessment | $2,789,023 CAD |
| Land Assessment | $1,544,891 CAD | Total Assessment | $4,333,914 CAD |
PROPERTY TAXES
Parcel Number
018-120-42-00
Land Assessment
$1,544,891 CAD
Improvements Assessment
$2,789,023 CAD
Total Assessment
$4,333,914 CAD
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Super 8 by Wyndham Fort Bragg | 888 S Main St
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