816 W Main St - Hospitality FOR SALE
Grass Valley, CA 95945 |
816 W Main St
Grass Valley, CA 95945
HIGHLIGHTS
- Strong Returns | 8.17% cap rate with current management, increasing to 10.77% if self-managed.
- Operational Upside | Experienced onsite team in place, with potential for increased NOI through owner-occupancy and self-management.
- Prime Location | Just 0.25 miles from historic downtown Grass Valley and the revitalized Mill Street Plaza.
- Future Growth | Two double rooms can be converted to singles, expanding the room count to 15 keys.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Sierra Mountain Inn
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
5600
STORIES
1
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1940
PARKING SPACES
14
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
C2
APN/PARCEL ID
008-300-058-000
