306 W Saint Charles St - Hospitality FOR SALE


San Andreas, CA 95249
$660,000 USD
209-496-7629
306 W Saint Charles St, San Andreas, CA for Sale
$660,000 USD
Hospitality - FOR SALE
1/42
null | 3.24% Cap Rate

306 W Saint Charles St
San Andreas, CA 95249


HIGHLIGHTS

  • Seller Financing Available (45–50% Down)
  • YTD Gross Income: $51,000
  • Current NOI: ~$21,382
  • Projected Stabilized NOI: $70K–$95K
  • 2 Leased Units Producing $2,400/mo
  • Prime Hwy 49 Foothill Tourism Location

OVERVIEW

The Bonnie Inn is an 8-key boutique motel located along the well-traveled Highway 49 corridor in the California Foothills, offering a mix of stable long-term rental income and strong value-add potential. The property generates $51,000 YTD gross income and a current NOI of approximately $21,382, supported by two fully leased units producing $2,400/month in consistent baseline revenue. The remaining six units operate as nightly rentals at $140 for standard rooms and $225 for the larger premium suite. Despite operating at roughly 40% occupancy, the property is already producing positive cash flow. A new operator can significantly increase revenue by adopting market-supported seasonal pricing—$109–$159 midweek, $139–$229 on weekends, and $159–$279 for event and holiday periods—resulting in higher occupancy and improved ADR. Based on competitive foothill lodging benchmarks, the property is projected to achieve a stabilized NOI between $70,000 and $95,000, offering a compelling value-add opportunity with limited capital investment. Seller financing is available with 45–50% down, providing a flexible acquisition path for owner-operators, SBA buyers, and hospitality investors. The inn is strategically located near Murphys, Angels Camp, wineries, lakes, and regional event destinations, benefiting from year-round tourism and strong weekend travel demand.

FOR SALE DETAILS

PRICE

$660,000 USD

PRICE/SF

$227 USD /SF

# OF ROOMS

8

PRICE/ROOM

$82,500 {currency}

CAP RATE

3.24%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bonnie Inn –8-Key Motel | Seller Financing

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1940

PARKING SPACES

9

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

C2

APN/PARCEL ID

042-007-009-000

ASK ABOUT THIS PROPERTY

Rachel WisuriKW CommercialMore Info
209-496-7629

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Rachel WisuriKW CommercialMore Info
209-496-7629

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