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North Cliff Hotel 1005 S Main St 39 Room Hotel Fort Bragg, CA 95437 $9,250,000 ($237,179/Room)
Investment Highlights
- Coastal Northern California boutique hotel
- Prime location on CA Highway One – 3 hours north of San Francisco
- Consistent performer with a cap rate typically over 7%
- 39 suites, all with ocean or harbor views
- Absentee family owned independent hotel
- Existing bank lender ready to finance a new buyer
Executive Summary
David Bowman and Johanna Cuevas are pleased to offer the North Cliff Hotel, a standout 39-room boutique hotel located along California State Route 1 in Fort Bragg, CA. Just 3 hours north of San Francisco, this three-story property features all-suite accommodations with private balconies, gas fireplaces, and panoramic ocean and harbor views. Positioned in a high-barrier coastal market, the property has demonstrated strong financial performance and consistent year over year revenue. With its premier location, upscale amenities, and proximity to Northern California’s top tourism markets, the North Cliff Hotel presents a compelling investment opportunity for investors looking for a prime location with consistent revenues.
Property Facts
| Price | $9,250,000 | Lot Size | 1.19 AC |
| Price Per Room | $237,179 | Building Size | 38,184 SF |
| Sale Type | Investment | No. Rooms | 39 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 1998 |
| Building Class | B | Corridor | Exterior |
| Zoning | NO | ||
| Price | $9,250,000 |
| Price Per Room | $237,179 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.19 AC |
| Building Size | 38,184 SF |
| No. Rooms | 39 |
| No. Stories | 3 |
| Year Built | 1998 |
| Corridor | Exterior |
| Zoning | NO |
Amenities
- Balcony
- Spa
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 39 | $197.00 | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 018-120-19-00 | Improvements Assessment | $4,180,778 |
| Land Assessment | $1,011,334 | Total Assessment | $5,192,112 |
Property Taxes
Parcel Number
018-120-19-00
Land Assessment
$1,011,334
Improvements Assessment
$4,180,778
Total Assessment
$5,192,112
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North Cliff Hotel | 1005 S Main St
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