Ruby Inn
Hospitality property on strategic location on a major tourism corridor. Gem of the Eastern Sierra
Marketing description
Strategic location on a major tourism corridor, at an elevation of 6463 ft.
Property located on Hwy 395 connecting Reno, NV and Lake Tahoe,CA to Eastern Sierra’s.
Close proximity to Marine Corps Mountain Warefare Training Center, Bodie Ghost Town and numerous natural hot springs.
Well travelled route for international and domestic Travellers to Yosemite and Death Valley National Park and beyond to Las Vegas. Northern access point to Mammoth Lakes( Ski Resort ). Close proximity to numerous hot springs
Property offered in turn key condition.
Two (2) separate parcels. Parcel number 026 has 30 rentable units. Two buildings, One built in 1959 housing 20 units. Building Two is a 2 stories building housing 10 units plus Laundry. Parcel 025 has owners/manager’s quarters with 4 bedroom and 2 baths with attached office and lobby. Separate address and access to manager’s quarters, besides direct to motel property.
Investment highlights
Bridgeport attracts year around visitation driven by it’s proximity to major tourist attractions.
key seasonal events such as Fishmas (April) and 4th of July Rodeo significantly boost occupancy rates.
Content Retiring owners offer a strong upside for aggressive owner operators.
Well kept property with ongoing preventive maintenance offers turn key operation.
Public records indicate ADR of $175.00 for mid scale properties with annual conservative occupancy rates of 50%
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