HISTORIC COUNTRY HOTEL FOR SALE
Seller:
Attn:
Althea Garner
Location:
Cedarville, CA, USA
Listing Number:
87427652
Overview of the Business:
If you are looking to get out of the city, into the quiet life and still enjoy a lucrative living, then this is for you! For the price of a small house, you could buy a whole country hotel in the clean air and unspoiled mountains of the Sierra Nevada range. With 14 units, this hotel is a magnet to rock collectors from across the US, a research station for geologists, a resting place for travelers from Oregon to the nearby gambling capital of Reno and the unspoiled forests that attract hunters and hikers alike. This hotel might also provide and ideal place for a rehab center or a health retreat for doctors treating patients who need to recuperate from the busy city pace. (Think Betty Ford Clinic or a safe retreat for those avoiding the press). Historians would feel at home here, with the surrounding homes being of Victorian vintage, with their sweeping lawns and winding herbaceous borders. The seller has put some excellent systems in place for any buyer wishing to offer free WI-FI to guests and there is a closed circuit monitor at the entrance. Well maintained property with low maintenance business - this would be a going concern from day 1!
Property Features and Assets:
Fully inclusive 14 unit hotel (1 suite), owned (not leased), 6,194 sq. ft. building on lot size 12,070 sq ft lot. Parking for 10+ vehicles on site plus ample street parking. Built in 1909, very well maintained.
Market Competition and Expansion:
Competition: Ceadrville is an historic town in Northern California close to both the Oregon and Nevada borders. Rich mineral deposits, forests, clean air and the quiet life attract many visitors, amongst which are paleantologists, geologists, hunters, skiers, hikers as well as State crews, laying pipelines, roads etc. Local hot springs are a draw for visitors
Growth and Expansion: This hotel lends itself to an in-house gist shop which could be rented out to a local resident. It is adjacent to a bar/nightclub, which is also for sale, that might add to revenue.
Additional Details:
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