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11/2022

Oceanside Inn (Fort Bragg)

EXECUTIVE SUMMARY
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  • Location: U.S. HWY 1 FRONTAGE. Fort Bragg is a small resort town with myriad of restaurants, shops, the famous Glass Beach, The Skunk Train (railroad tours on a historic train leading through meadows, canyons & redwood forest) and a short walk to the beach. Three miles from Historic Mendocino.
     
  • Guest rooms: There are fifty rooms comprising 20 Double queens, 24 Single Queens, 6 Kings. All nicely furnished.
     
  • Amenities: WIFI, Cable TV, Individual heat units with thermostats. All rooms have tvs; some with refrigerators.
     
  • Extras: Large two bedroom, two bath living quarters.
     
  • Description: Multiple single and double storey buildings, connected to the living quarters with an ample portechere. Built in the Seventies, renovated circa 2010.
     
  • Asking Price: $4,600,000
     
  • BONUS:
    Poor management during past several years Absentee Owner
    INCOME INCREASING SUBSTANTIALLY
    With new management in 2021
    HUGE POTENTIAL!
     

 
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Julian Bills: Broker, DRE # 00532752
cell/tel: (831) 212-4526 -  email@julianbills.com
Page last modified: July 26th, 2022

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