Ocean View Coastal Motel - Super Income - Great Buy!

This Motel is a dream find for someone. Only 3.1MM with assumable 
existing financing of 2.1MM @ 6.5%.

Located on the famous Pacific Coast Highway in Sonoma County CA. 
Lodge accommodations and separate Restaurant/Bar have sweeping and 
spectacular ocean views. The Lodge is comprised of 16 rooms 
surrounded by spacious and picturesque grounds & gardens. Sandy 
beaches, state parks, the world renown Sea Ranch and Kruse 
Rhododendron Ranch with Redwood forests nearby.

The owner has thoroughly upgraded the of this 5.82 acre property.

Annual Adjusted Gross Income (pro forma) = $984,570
Projected Operating Expense (pro forma) = $627,285
Total Annual Net Operating Income (pro forma) = $357,285

Sales Price = $3,100,000


For more info please call or email.

PATRICK MCFARLAND
(702)429-2769
Merit Realty
[EMAIL PROTECTED]
www.BUYnSELLvegas.com










------------------------ Yahoo! Groups Sponsor --------------------~--> 
What would our lives be like without music, dance, and theater?
Donate or volunteer in the arts today at Network for Good!
http://us.click.yahoo.com/Tcy2bD/SOnJAA/cosFAA/iiEolB/TM
--------------------------------------------------------------------~-> 

Apply for Commercial Real Estate loans online and submit your deal to dozens of 
hungry lenders in just minutes. Loan programs for all types of business and 
commercial real estate. Apply anytime at http://realestatezoo.com 

RealEstate
Part of RealEstateZoo.Com
-------------------------------------
Post message: [email protected] 
Subscribe:  [EMAIL PROTECTED] 
Unsubscribe:  [EMAIL PROTECTED] 
List owner:  [EMAIL PROTECTED] 
Web Site: http://groups.yahoo.com/group/RealEstate 



 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/RealEstate/

<*> To unsubscribe from this group, send an email to:
    [EMAIL PROTECTED]

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/
 



Reply via email to