15960 Bottle Rock Rd - Hospitality FOR SALE


Cobb, CA 95426
$2,375,000 USD
707-928-6900
15960 Bottle Rock Rd, Cobb, CA for Sale
$2,375,000 USD
Hospitality - FOR SALE
1/63
null | Request Cap Rate

15960 Bottle Rock Rd
Cobb, CA 95426


OVERVIEW

PINE GROVE RESORT is for sale. The finest creekside location in the whole county. Existing legacy hospitality business with massive potential. A truly unique 30+ acre, mostly level, property with 3000+ ft of Kelsey Creek frontage is a veritable blank slate of possibility. A very beautiful forest environment soaked in history. For over 100 years people have traveled to Cobb Mountain to enjoy the charming peace and quiet of Pine Grove. Featuring two spring fed pools, there is an abundance of opportunity to cool off during the summer heat. 24 cabins on the property as well as a three bedroom main house, and an event center building for larger gatherings. There are two mobile home parks with 35 hook ups, and many places for camping as well as a recently built bathroom facility. The commercial kitchen adjacent to the pool offers catering possibilities. The very cool TREEHOUSE is a popular feature that is always booked. There is obvious potential for increased income by upgrading or expanding the property as well as any number of functions that it could be adapted to: retreat center for yoga, wellness, or corporate events, weddings, family reunions or just a pleasant getaway vacation. Already a special destination, it could be enhanced to become a premier location to enjoy the best that Lake County's natural environment can give. SELLER FINANCING an option.

FOR SALE DETAILS

PRICE

$2,375,000 USD

PRICE/SF

$158 USD /SF

# OF ROOMS

25

PRICE/ROOM

$95,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pine Grove Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

21.27 AC

LAND SF

926,521 SF

ZONING

CR

APN/PARCEL ID

013-034-320-000,013-035-410-000,050-111-020-000

ASK ABOUT THIS PROPERTY

Timothy ToyeTimothy Toye & AssociatesMore Info
707-928-6900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Timothy ToyeTimothy Toye & AssociatesMore Info
707-928-6900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.