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99 Main St
Red Bluff, CA 96080
Red Bluff Inn · Hospitality Property For Sale
·
30 Rooms
Investment Highlights
- 30 Motel Rooms and 2 Apartments
- PTec HVAC Units - All Operational in Every Room
- OWNER-OPERATOR PURCHASE
- New Plumbing, Roof, Electrical and Windows
- INVESTOR PURCHASE - (LEASE IN PLACE) Existing lease at $10,000/month | $120,000/year | 8% Cap Rate at $1,500,000 o 2% annual rent increases
- MOTIVATED SELLER - BRING ALL OFFERS
Executive Summary
Red Bluff Inn - 99 Main St., Red Bluff, CA
30-room motel plus 2 apartments offered at $1,500,000, an 8% cap rate on an existing $10,000/month lease with 2% annual rent increases. Turn-key condition with 11 remodeled rooms, new plumbing, roof, electrical, windows, and PTec HVAC in every room. Ideal for passive investors seeking immediate cash flow or owner-operators looking to take over and drive ADR above the current $59/night. Seller financing available. Motivated seller! Bring all offers!
30-room motel plus 2 apartments offered at $1,500,000, an 8% cap rate on an existing $10,000/month lease with 2% annual rent increases. Turn-key condition with 11 remodeled rooms, new plumbing, roof, electrical, windows, and PTec HVAC in every room. Ideal for passive investors seeking immediate cash flow or owner-operators looking to take over and drive ADR above the current $59/night. Seller financing available. Motivated seller! Bring all offers!
Property Facts
| Price Per Room | $50,000 | Building Size | 8,138 SF |
| Sale Type | Investment | No. Rooms | 30 |
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 1953 |
| Building Class | C | Parking Ratio | 1.97/1,000 SF |
| Lot Size | 0.74 AC | Corridor | Exterior |
| Zoning | C-3 | ||
| Price Per Room | $50,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.74 AC |
| Building Size | 8,138 SF |
| No. Rooms | 30 |
| No. Stories | 1 |
| Year Built | 1953 |
| Parking Ratio | 1.97/1,000 SF |
| Corridor | Exterior |
| Zoning | C-3 |
Amenities
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 30 | $85.00 | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $572,000 | |
| Land Assessment | $400,000 | Total Assessment | $972,000 |
Property Taxes
Parcel Numbers
Land Assessment
$400,000
Improvements Assessment
$572,000
Total Assessment
$972,000
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