Inn Of The Lost Coast | 205 Wave Dr
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Inn Of The Lost Coast 205 Wave Dr
19 Room Hotel Shelter Cove, CA 95589 £4,895,625 (£257,664/Room) 7.86% Net Initial Yield
Investment Highlights
- Rare Coastal Boutique Hotel on Waterfront in Humboldt County
- Luxurious Remodeled Penthouse Suite (1,800 SF) for Owner
- Two (2) Leased Sources of Income - Bistro-Style Coffee Shop & Pizza/Bakery
- All Guestrooms have Ocean Views
- Deluxe Spa Suites w/ Kitchenettes, In-Room Spa Tubs & Saunas
- Major Capital Improvements Annually Since 2017
Executive Summary
Perched high on a cliff overlooking the dramatic, rugged Pacific Coastline's crashing surf, the Inn of the Lost Coast is a casual secluded Inn on Californias renowned "Lost Coast." All Guestrooms have balconies or patios with Ocean Views plus Suites offer kitchenettes, in-room spa tubs, saunas, private decks and gas fireplaces. In addition to a luxurious Penthouse Suite, there is an Event/Meeting Room, two (2) leased income sources on site -- a bistro-style coffee shop and a pizza/bakery that provides choices for Guests and additional stable income for Owner year around. Owner has meticulous books & records to satisfy the most discriminating Buyer.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Balcony
- Wheelchair Accessible
- On-Site Retail
- High Speed Internet Access
- Patio
- Bed & Breakfast
- Meeting Event Space
- Public Access Wi-Fi
- Hot Tub
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 19 | £419.07 | - |
PROPERTY TAXES
| Parcel Number | 109-361-048-000 | Improvements Assessment | £3,692,288 |
| Land Assessment | £798,966 | Total Assessment | £4,491,254 |
PROPERTY TAXES
Parcel Number
109-361-048-000
Land Assessment
£798,966
Improvements Assessment
£3,692,288
Total Assessment
£4,491,254
zoning
| Zoning Code | CR-Q-AP-A-D (CR (Commercial Recreation) |
| CR-Q-AP-A-D (CR (Commercial Recreation) |
1 of 27
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Inn Of The Lost Coast | 205 Wave Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.