5135 W Highway 20 - Hospitality FOR SALE


Upper Lake, CA 95485
$5,500,000 USD
909-456-3481
5135 W Highway 20, Upper Lake, CA for Sale
$5,500,000 USD
Hospitality - FOR SALE
1/14
null | Request Cap Rate

5135 W Highway 20
Upper Lake, CA 95485


HIGHLIGHTS

  • Lakeside Lodge Situated on the Shores of Blue Lakes
  • Excellent Guest Reviews
  • Recent Renovations Completed in 2024
  • Located along California State Highway 20
  • Nearby Attractions Include Blue Lakes, Running Creek Casino, Robinson Rancheria Resort & Casino, and Clarkes Collectibles & Lunchbox Museum

OVERVIEW

Property Tours Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers. Marcus & Millichap has been chosen to exclusively market for sale The Lodge at Blue Lakes, a lakeside lodge located in Upper Lake, California. The hotel's 22 guest rooms, include a flat-screen TV, work desk, refrigerator, microwave, and coffee maker. Select suites include a fully equipped kitchenette, dining area, jetted tub, and separate living area. The lodge offers water sports rentals, including boats, hydrobikes, kayaks, and paddle boards. It also features ample meeting space, suitable for hosting weddings, with all inclusive wedding packages available. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Lake County, California area.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$292 USD /SF

# OF ROOMS

22

PRICE/ROOM

$250,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Lodge At Blue Lakes

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1900

PARKING SPACES

100

LAND DETAILS

LAND ACRES

2.23 AC

LAND SF

97,139 SF

ZONING

CR

APN/PARCEL ID

003-023-050-000

ASK ABOUT THIS PROPERTY

Gordon AllredMarcus & MillichapMore Info
909-456-3481

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Gordon AllredMarcus & MillichapMore Info
909-456-3481

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