Listed by NAI Excel
$1,500,000
Red Bluff Inn
Details
APN 033-090-019-000
Property Type Hospitality
Sub Type Motel
Square Footage 8,138
Units 2
Cap Rate 8.00%
NOI $120,000
Tenancy Single
Rent Bumps Yes
Year Built 1953
Lot Size (SqFt) 32,234
Zoning C-3
Investment Type Stabilized
Hospitality | 8.00% CAP | 30 Keys
Marketing description
Red Bluff Inn - 99 Main St., Red Bluff, CA
30-room motel plus 2 apartments offered at $1,500,000, an 8% cap rate on an existing $10,000/month lease with 2% annual rent increases. Turn-key condition with 11 remodeled rooms, new plumbing, roof, electrical, windows, and PTec HVAC in every room. Ideal for passive investors seeking immediate cash flow or owner-operators looking to take over and drive ADR above the current $59/night. Seller financing available. Motivated seller! Bring all offers!
Investment highlights
- Investment Purchase: Existing lease stays in place at $10,000/month with 2% annual rent increases - immediate cash flow, no operational involvement required.
- Owner-Operator Option: Buyer may terminate the existing lease with 30 days' written notice - ideal for operators who want to self-manage the property.
- Motivated Seller: Will consider all reasonable offers. Bring all offers.
Listing Contacts
Listed by NAI Excel
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$120,000.00
$10,000.00/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
