Lodging Brokers Network

Lodging Brokers Network

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One of California's most successful and respected brokerages for hotels, motels, resorts, lodges, bo

08/24/2021

New Listing: Mendocino County Coastal Inn Portfolio! Lodging Brokers Network is proud to be the exclusive listing broker of both the Inn at Schoolhouse Creek and the Cottages at Little River Cove (27 guestrooms) located in Little River, California. Nearby destination tourist locations include the village of Mendocino approximately 6 minutes away, and the city of Fort Bragg approximately 20 minutes away. The two properties are being offered for sale as a package for $6,700,000. The Inn at Schoolhouse Creek can be sold separately for $3,900,000, but the Cottages at Little River Cove cannot be sold separately. Both properties are located on the east frontage line of Highway 1, overlooking the Pacific Ocean, and are approximately a half mile down the road from each other. The two properties are operated as “sister” properties and can be operated separately or together. The Inn at Schoolhouse Creek features 17 guestrooms, managers quarters, a spa yurt and a vacant restaurant on approximately 6 acres. The Cottages at Little River Cove features 10 guestrooms on 2.24 acres. Both properties feature ocean views and depending on the unit various amenities include kitchens, spa tubs, hot tubs, fire pits, BBQ areas, and fireplaces. This unique coastal portfolio opportunity has performed very well during Covid and is being offered at a combined adjusted cap rate of 14.5% on July 2021 trailing twelve-month net operating income. Potential upside opportunities include activating both a currently unused spa yurt as well as vacant restaurant space currently used as a guest common area, and further development on unused land to increase the total number of guestrooms or expand the property amenities. Contact Kathryn Proctor at [email protected] for additional details

10/15/2020

Lodging Brokers Network is the proud exclusive listing broker of a new Confidential Off-Market Resort in Sonoma County. Listed at $2,000,000, this unique opportunity features cabins and campsites on acreage, and has been previously approved for additional guest units. Qualified buyers can contact Kathryn Proctor for a Confidentiality Agreement/ Request for Information. [email protected] 415-606-4587

Amber House Inn of Midtown 10/04/2019

New B&B Listing- Lodging Brokers Network is the exclusive broker for the Amber House Inn of Midtown in Sacramento, CA! Amber House Inn of Midtown, an award-winning bed and breakfast in Sacramento, offers 10 spacious accommodations as well as a 2 Bedroom manager/ owner quarters plus a night manager unit . The improvements consist of two buildings located across the street from one another. One building is a Colonial Revival constructed in 1895 and the other is a 1905 Craftsman. The rooms and common area are furnished with period style furnishings. Conveniently located in the heart of vibrant Midtown, the Inn is within walking distance to the city's finest restaurants, shops, galleries, and entertainment. The Inn’s guests include business and leisure travelers. Within walking distance to the Sacramento Convention center, the guestrooms are ideal for corporate business travelers and couples looking for a quiet getaway. For more than thirty years, the Amber House Inn of Midtown has provided guests with a blend of elegance, comfort, and hospitality. Limited seasonality provides for strong year-round occupancy and income. This offering includes the real estate, personal property (FF&E), and lodging business.

Amber House Inn of Midtown One of California's most successful and respected brokerages for hotels, motels, resorts, lodges, boutique, and bed and breakfast inns

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703 2nd Street, 114
Napa, CA
95404

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Tuesday 9am - 5pm
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Thursday 9am - 5pm
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