For Sale
The Redwood Fortuna Riverwalk Hotel
Independent Hotel on Iconic Redwood Highway 101
The Passport Group has been retained as exclusive broker to offer the fee-simple interest in the 46-guestroom The Redwood Riverwalk Hotel (“Hotel” or “Property”) located at 1859 Alamar Way, Fortuna, California.
The Hotel is positioned on approximately 1 acre. The Hotel is located on Hwy 101, visible from the north and southbound lanes. It is being offered unencumbered by management and is in good physical condition.
This is an opportunity to acquire an independent hotel with upside potential. The Redwood Riverwalk Hotel is a cash flowing asset. The Property is a two-story, exterior corridor hotel originally constructed in 1993. The hotel offers a variety of amenities such as full breakfast, microwave and refrigerator in all 46 guestrooms, complimentary wireless Internet service and complimentary parking.
PROPERTY PHOTOS
Agents
Jeff
Durham
Jeff Durham is a founder of The Passport Group. Jeff has a wealth of experience in the hotel and hospitality industry which began at the early age of 16. He is a hotel broker, an independent hotel owner and expert in consulting hotel owners into transitioning to becoming an independent hotel operator.
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Jeff
Carol
Gallegos
Carol holds a Masters Degree in Business Management with an emphasis on Hotel Management and Hospitality Accounting. She has extensive experience in the marketing and negotiating of commercial real estate transactions.
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Carol
Details
Address
1859 Alamar Way
Fortuna
,
CA
95540
COUNTY
Humboldt
Year Built
1993
Site Area
1.00
Acres
Number of BUILDINGS
1
Number of Rooms
46
Floors / Layout
Two Floors, Exterior Corridor
Listing PRICE
$4,400,000