The Lucerne Castle
The Lucerne Castle/ New Paradigm College Historic landmark resort hotel building.
Marketing description
Historic landmark resort hotel building near the shore of Clear Lake with panoramic views on 7+ acres /9 parcels. 53,000 sf. A partially remodeled and restored castle, with a grand lobby, 4 floors, 7 conference/ classrooms, 4 commercial bathrooms, all fully remodeled, commercial kitchen with so much potential once remodeled, 66 additional bedrooms each with bathrooms and a closet, beautiful spiral staircase leads you to 2 large tower offices and so much more... A unique investment opportunity full of possibilities including educational or research facility, retreat center, corporate campus & more. http://thelucernecastle.net
Investment highlights
Property is partially renovated and partial renovation over $4 million completed. Still many more undeveloped rooms as well as most of the rooms and bathrooms need remodeling. Roof, Exterior and some of South wing, tower offices, Classrooms/ conference rooms and commercial bathrooms, Lobby are all remodeled. Please schedule a showing!! Joint Venture is an option, Agent has interested investors $. http://thelucernecastle.com
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
