Northern California Flagged Hotel For Sale, Pacific West Region

Property Description

Northern California Flagged Hotel For Sale

This hotel is in good shape.

Located off of I-5

Consisting of 2 story, exterior corridor buildings.

Opportunity to own a well positioned hotel that has performed well.

Located in a tourist / business travelers location.

Popular activities in the area include hiking, biking, golfing and skiing.

This hotel has fantastic ratings with Google stars and with TripAdvisor.

Currently, the majority of the approx. 20% occupancy are essential workers.

Year Built: 1972.

Year Last Renovated: 2018.

Number of Floors: 2.

Management: Unencumbered

130 Keys

Auto transfer of the Flag license.

Recently renovated, no PIP.

Buyer will benefit from the Flag's conversion and member common stock issuance.

Excellent location near historic downtown, with great highway visibility.

Large conference center / event center on site and included in the sale.

Annual Daily Traffic count of 18,500 VPD.

The owner currently has a total of $5.5m in loans on this property.

Buyer responsible for buy-side brokerage fee.

We have access to many more hotels nationwide coming out of the Covid 19 pandemic. Please reply with your full Acquisition Criteria which we will use to isolate other potential hospitality opportunities. Inclusion of your experience in owning other hospitality properties will go a long way to accelerating our success in identifying properties.

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