Pine Grove Resort | 15960 Bottle Rock Rd
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Pine Grove Resort 15960 Bottle Rock Rd
25 Room Hotel Cobb, CA 95426 $2,650,000 ($106,000/Room) 6% Cap Rate
Executive Summary
Welcome to Pine Grove! This is a once in a lifetime opportunity to own a part of the tranquility that surrounds Cobb Creek and the beautiful pine trees of Cobb Mountain. This retreat offers the option to live and work in the same place while enjoying the calm of the outdoors. A spacious home to the side of the property allows for privacy on your time-off, while over 23 cabins, of various sizes and uses, offer year-round income. The property includes an event center, 2 pools – one of which is over 100 years old fed entirely by natural spring water, cabins with rustic cottage designs, a custom designed yurt, an overnight tree house, RV hook-ups with long term rental options, and fully upgraded custom designed bathrooms. The array of towering trees provides a canopy of shade over picnic and day use areas. Cobb Creek flows through the property and passes the back deck of several cabins creating a calming environment for guest to relax and enjoy the variety of wildlife that passes through. The backdrop of landscaping can accommodate anything from weekend getaways, long term living, family reunions, birthday parties or extravagant weddings. The income possibilities on this commercial property are endless.
Property Facts
| Price | $2,650,000 | Lot Size | 21.27 AC |
| Price Per Room | $106,000 | Building Size | 15,000 SF |
| Sale Type | Investment | No. Rooms | 25 |
| Cap Rate | 6% | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1950 |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C |
| Price | $2,650,000 |
| Price Per Room | $106,000 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 21.27 AC |
| Building Size | 15,000 SF |
| No. Rooms | 25 |
| No. Stories | 1 |
| Year Built | 1950 |
| Corridor | Exterior |
Amenities
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 25 | $170.00 | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $359,496 | |
| Land Assessment | $296,255 | Total Assessment | $655,751 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$296,255
Improvements Assessment
$359,496
Total Assessment
$655,751
zoning
| Zoning Code | CR (Commercial Resort) |
| CR (Commercial Resort) |
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Pine Grove Resort | 15960 Bottle Rock Rd
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