Davenport Roadhouse Restaurant & Inn | 1 Davenport Ave
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Davenport Roadhouse Restaurant & Inn 1 Davenport Ave
9 Room Hotel Davenport, CA 95017 $3,900,000 ($433,333/Room)
Investment Highlights
- High Barrier-To-Entry Northern California Coastal Market
- Unencumbered by Brand and Management
- Multiple Revenue Generating Opportunities
- Discount to Replacement Cost
Executive Summary
Hershler Hospitality, as sole and exclusive agent, is pleased to offer for sale the fee simple interest in the Davenport Roadhouse (“Hotel” or “Property") located along the California Coast Line approximately nine miles north of Santa Cruz, CA. This offering presents a unique opportunity to acquire a recently-renovated, independent operating inn and restaurant asset located wthin a high barrier-to-entry Northern California coastal market at a favorable basis.
Do not contact any employees at the Property nor the Owner without prior written authorization from Broker.
Please contact me for more information:
Cell: 310-717-7477
Email: jared@hershlerhospitality.com
DRE# 02019478
Broker of Record: Raakel Real Estate
Corp. License# 02190082
Do not contact any employees at the Property nor the Owner without prior written authorization from Broker.
Please contact me for more information:
Cell: 310-717-7477
Email: jared@hershlerhospitality.com
DRE# 02019478
Broker of Record: Raakel Real Estate
Corp. License# 02190082
Property Facts
| Price | $3,900,000 | Lot Size | 0.87 AC |
| Price Per Room | $433,333 | Building Size | 8,865 SF |
| Sale Type | Investment | No. Rooms | 9 |
| Sale Conditions | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1977 |
| Property Subtype | Hotel | Parking Ratio | 2.26/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Price | $3,900,000 |
| Price Per Room | $433,333 |
| Sale Type | Investment |
| Sale Conditions | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.87 AC |
| Building Size | 8,865 SF |
| No. Rooms | 9 |
| No. Stories | 2 |
| Year Built | 1977 |
| Parking Ratio | 2.26/1,000 SF |
| Corridor | Exterior |
Amenities
- Balcony
- Restaurant
- On-Site Retail
- High Speed Internet Access
- Patio
- On-Site Bar
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 9 | $145.00 | - |
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PROPERTY TAXES
| Parcel Number | 058-082-26-000 | Improvements Assessment | $1,471,650 |
| Land Assessment | $1,313,973 | Total Assessment | $2,785,623 |
PROPERTY TAXES
Parcel Number
058-082-26-000
Land Assessment
$1,313,973
Improvements Assessment
$1,471,650
Total Assessment
$2,785,623
zoning
| Zoning Code | C-1 (C-1 Commercial and Commercial Neighborhood) |
| C-1 (C-1 Commercial and Commercial Neighborhood) |
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Davenport Roadhouse Restaurant & Inn | 1 Davenport Ave
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