Listed by Emerald Realty
$899,000
12913 Avenue Of The Giants
Details
APN 081-111-020
Property Type Retail, Hospitality
Sub Type Hotel, Commercial
Square Footage 7,308
Units 11
Beds 11
Cap Rate 5.56%
NOI $50,000
Occupancy 25%
Price per SqFt $123
Year Built 1876
Year Renovated 10
Buildings 2
Stories 2
Acreage 0.25 - 0.49
Zoning Commercial
Parking Spaces 20 spaces
Parking per 1,000 SqFt 2.74
Investment Type Owner/User
Occupancy Date 10/05/2025
Ownership Private
Turnkey opportunity with updated rooms! Owner will Finance with large down!
Marketing description
Turnkey opportunity with updated rooms! Owner will Finance with large down! The Historic Myers Inn, offers 4,378 sf. of charm in the heart of Humboldt Redwoods State Park along the famed Avenue of the Giants. This Bed & Breakfast, it features 10 guestrooms, kitchen, laundry facilities, and a welcoming sitting room with fireplace. Beautifully landscaped and furnished with antiques (many included), An unfinished additional 2,930 sf. two-story building is included, offering potential for more rooms, spa, event space.
Investment highlights
- Cross Street: Hwy 101
- Utilities: Electric, Propane
- Heating: Forced Air
- Cooling: Air Conditioning
- Flooring: Carpeted, Vinyl, Wood
- Sale Includes: Land & Building
- Possession: At Close of Escrow
- Lot Acres: 0.47
Listing Contacts
Listed by Emerald Realty
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$50,000.00
$4,166.67/mo
Valuation Metrics
0
DSCR
5.56%
Cap Rate
5.56%
ROI
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