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Super 8 by Wyndham Fort Bragg 888 S Main St 53 Room Hotel Fort Bragg, CA 95437 $7,500,000 ($141,509/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 | $7,500,000 | Building Size | 18,931 SF |
| Price Per Room | $141,509 | 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 | $7,500,000 |
| Price Per Room | $141,509 |
| 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 | $98.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 018-120-42-00 | Improvements Assessment | $2,013,866 |
| Land Assessment | $1,115,517 | Total Assessment | $3,129,383 |
PROPERTY TAXES
Parcel Number
018-120-42-00
Land Assessment
$1,115,517
Improvements Assessment
$2,013,866
Total Assessment
$3,129,383
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Super 8 by Wyndham Fort Bragg | 888 S Main St
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