Vinea Hotel Healdsburg- Travel Lodge/Wyndham 154 Dry Creek Rd 23 Room Hotel Healdsburg, CA 95448 $7,500,000 ($326,087/Room)

Seller originally bought the land and built this new in 1992. Seller is getting older, looking to travel more and has a few other hotels and obligations and does need and want to sell. Hard to replace investment at this cost! Time and money and headaches to start from scratch. Architects, planning, permits etc....Prime tourist location in wine country! Just off the Dry Creek exit in Healdsburg! Building costs are at $1000. per sq ft for residential let alone commercial construction costs and the existing sq ft is 10,500 sq. ft. land costs with infrastructure & location. This is a good investment. Turn key hospitality operation. Completely furnished. 5 different types of rooms. 1 ADA room, (1) 2 bedroom suite, (1) bedroom Primary suite with living room, 10 double queen rooms and 10 king bed rooms. All rooms have small fridge, microwave, wi-fi and desk in each room. Two additional possible space conversions that will total 25 rooms per the sellers. Long term employees whom would like to stay. Any and all appointments are to be made through listing agents. Please no stopping in and asking questions of staff, not ok. Employees are not completely aware of property being on the market for sale. After a complete viewing of the property with listing agents and
serious intent shown to purchase with verification showing ability to purchase, along with a signed confidentiality agreement and a LOI (Letter of Intent to purchase) potential buyers
may receive financials to review. Corrections from populated data above, seller indicates 23-25 room Hotel. 3 Floors. 10,500. sq ft +/- . Brand New Listing! Working on Performa and full color brochure with more details within 10 days. Seller is working on getting financials and P & L. This is a rare hospitality opportunity investment in Healdsburg. A long time industry.... This property is looking for it's next owner. Location of this property is next door to Newer Hotel Trio in Healdsburg. This property is under a Travel Lodge Franchise umbrella but rounding out it's contract and has only a couple of years left on this property. Seller can and will discuss a buy out of that contract with prospective buyers as part of the purchase. The penalty can purchased out by seller in negotiations in order for someone to lose the franchise and decide to customize this smaller hotel into more of a boutique hotel of their own.
NY recognizes the city of Healdsburg and shares these comments:
Nestled along the Russian River in the heart of Sonoma Wine Country, Healdsburg combines small-town charm and stunning vistas with award-winning vintages and incredible food. Centered around a charming town plaza lined with shops, restaurants, tasting rooms, galleries, and bars, Healdsburg is a wine and culinary epicenter. A well known city in Sonoma County, and sits at the juncture of three prime wine growing regions- Russian River Valley, Dry Creek Valley, and Alexander Valley wine appellations- this charming little town of Healdsburg makes an ideal base of operations for wine tasting, fine dining, the arts plus it shares it's rich history in the Healdsburg Museum and Historical society. It is a biking mecca for the outdoorsman or woman! Boating at Lake Sonoma is delightful! Healdsburg has a newer movie house and The Raven, is a performing arts theater for much entertainment! Summer concerts in the park are a hit from May to October and the wonderful local Farmer's market in the charming downtown plaza, are quite a joy to the locals! Healdsburg is a wonderful place to live and work full time or part-time. Come and make your next hospitality venture in iconic Healdsburg!
Seller is looking for a cash deal or one may find financing at some local banks that may consider an SBA loan.(Small Business Administration)