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13571154
13571416

3500 Broadway St, Eureka, CA 95503

JM
CA 01720503
Atlas Hospitality Group
OS
CA 01209474
Atlas Hospitality Group
Listed by Atlas Hospitality Group
$18,499,000
942 days on market
Updated 118 days ago

Best Western Plus Bayshore Inn Eureka

Details
APN 07-081-032-000
Property Type Hospitality
Sub Type Hotel
Square Footage 73,532
Keys 130
Brand/Tenant Best Western
Price per SqFt $252
Year Built 1998
Year Renovated 2019
Buildings 3
Stories 3
Lot Size (SqFt) 118,731
Zoning Service Commercial (CS)

Includes NNN-Leased Restaurant

Marketing description

Atlas Hospitality Group is pleased to offer for sale to qualified principals, The Owner’s fee‐simple interest in the Best Western Plus Bayshore Inn and restaurant located in Eureka, California.

The Hotel features 130 guest rooms which include an oversized desk area, data port connection, and ottoman, along with some rooms offering kitchenettes and a balcony with a view of the Bay. The property also features an indoor/outdoor pool & spa, guest laundry room, dedicated breakfast area with complimentary breakfast, business center, and free‐standing restaurant.

The Best Western Plus is located in Eureka, adjacent to the 101 highway and minutes from Fort Humboldt State Historic Park and right next door to the Bayshore Mall.

Investment highlights

  • BACK ON THE MARKET - MAJOR PRICE REDUCTION OF $5,000,000

  • TRUSTEE SALE - REVIEWING ALL OFFERS

  • Offered at 4.2X Room Revenue, not including NNN lease income

  • NNN Leased restaurant paying $7,000 per month

  • The hotel has undergone a recent renovation, including a complete renovation of the lobby, breakfast roo,m and common areas

  • Situated on nearly 3 picturesque acres along the California Coast, just minutes from Humboldt State University, the Pacific Ocean, and Redwood National State Parks.

Listing Contacts

JM
CA 01720503
Atlas Hospitality Group
OS
CA 01209474
Atlas Hospitality Group
Listed by Atlas Hospitality Group

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