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Property Detail

175 E California St, Jacksonville, OR 97530, USA
2 Properties Offered
$2,975,000

Description

INVESTMENT HIGHLIGHTS

  • • Pride of Ownership Luxury Boutique Hotel in Historic Jacksonville Oregon
  •  
  • • 3 Tenants with 4 and 5-year Lease Terms
  •  
  • • Completely Renovated 2nd Floor with 8 Hotel Rooms
  • • 100% leased with management in place for hotel rooms
  •  
  • • Sotheby’s, The Restaurant & The Wine Lounge

EXECUTIVE SUMMARY

The iconic Jacksonville Inn is For Sale! This 8-room Luxury Boutique Hotel includes The Restaurant, one of Southern Oregon’s favorite dining establishments. In the front retail space is the internationally known real estate firm of Sotheby’s, and the newly renovated and expanded Wine Lounge. The Inn has just finished a complete, “down to the studs”, remodeling of all eight rooms with all new fixtures and design reminiscent of yesteryear. This is an investment that allows the owner to stand back with pride of ownership having three tenants under 4 and 5-year leases, and the Inn professionally managed by an experienced team. The new owners also have the opportunity to add their own flair to the management of the Inn. In addition, the property is priced for a market return on investment at a 7.8% capitalization rate. You can wine, dine and stay at the Jacksonville Inn, but if you want detailed information on the investment or a tour, please call your broker. Tour requires previous submittal of available funds. The owners are licensed real estate brokers in Oregon.
 

PROPERTIES

PROPERTY NAME / ADDRESSPROPERTY TYPESIZEYEAR BUILTINDIVIDUAL PRICE
Jacksonville Inn
175 E California St, Jacksonville, OR 97530
Hospitality4,539 SF1863-
Jacksonville Inn
175 E California St, Jacksonville, OR 97530
Retail4,539 SF1861

 

Thomas Fischer

+1 541-944-8174

Specification

General

  • 9078
  • 0.5200
  • Investment
  • 1863

Financials

  • 7.82

Hospitality

Jacksonville Inn

# 211

SKU: 211

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