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Browse More Listings in Hotel & Motel For Sale, Sonora, CA or California

Hotel / Motel For Sale

14% Cap Rate Gold Lodge in Historic Sonora

480 w stockton st, Sonora, CA 95370

Price:
$1,890,000
No. Rooms:
43
Building Size:
9,858 SF
Price/Room:
$43,953.49
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Investment
Cap Rate:
14%
Average Occupancy:
40%
Lot Size:
62,769 SF
Find Out More...

Last Verified 9/23/2009 Listing ID 16250596

Description

The motel is located in Historic Sonora, one of two motels only in this charming town. Today Sonora is a busy county seat and the main shopping area of Tuolumne county. It is the "nearest biggest little town" this side of Yosemite National Park. Tuolumne county's economy includes lumbering, tourism, cattle ranches, turkey and Christmas tree farms, apple and pear orchards and even a Dolomite mine. Located conveniently near the airport, with ample parking for buses and boats. All modern amenities for guests' convenience. Please call Gilbert directly for quickest response, even if you email.

Located near the Columbia Airport. Historic Sonora district.

Financial Summary

Actual
Net Operating Income
$276,000

Map of 480 w stockton st, Sonora, CA 95370 (Tuolumne County)

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Created 5/24/2009

Additional Information for 480 W Stockton Street, Sonora, CA 95370

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 480 w stockton st, Sonora, CA 95370

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The Historic Sonora Days Inn
$2,650,000

Nearby Recently Sold Hotel & Motel propertiesSearch all recently sold commercial real estate

Economy/Limited Service
Sold 2Q 2007

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Hotel & Motel Property For Sale - 14% Cap Rate Gold Lodge in Historic Sonora

480 w stockton st, Sonora, CA, 95370