request_info_guest false

Travel Inn Susanville & Adjacent Land

$1,500,000

1067 Main Street, Susanville, CA 96130

Pending
Last Updated: 10/01/2024

0.8 acres

Lot Area

40

Units

Details:
Lot Area:    0.8 acres
Units:    40
Year Built:    1960
Floors:    3
Year Last Renovated:    2023
Highlights:
  • 10.5% Cap Rate on Current T12
  • 40-Unit Economy Property Offering WiFi, Guest Laundry Facilities, and Complimentary Self-Parking
  • Ideally Located on CA Route 36, off of CA Route 139 & Highway 395, Near the California-Nevada Border and Just 1 Hour from Reno, Nevada
  • 1 Mile to Lassen County Fairgrounds (35k+ Attendees Per Year)
  • Within 1 Hour of Lassen National Forest and Lassen Volcanic National Park (500k+ Visitors Per Year)
Description:

Property Tours

Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers.

Marcus & Millichap has been chosen to exclusively market for sale the Travel Inn Susanville & Adjacent Land. The Travel Inn was renovated in 2023 and offers amenities including WiFi, guest laundry facilities, and complimentary self parking. Both parcels included in the offering are 0.40 acres each, and are ideally located on CA Route 36, off of CA Route 139 & Highway 395.

The property benefits from its location near the California-Nevada border and one mile to Lassen County Fairgrounds, which welcomes more than 35,000 attendees per year. Lassen National Forest and Lassen Volcanic National Park, which welcome more than 500,000 visitors per year, as well as Reno, Nevada, are all located an hour away.

Click Here for Offering Memorandum: https://allredhotelgroup.com/?propertyId=SusanvilleCATravelInn

Click to Subscribe to Our Mailing List: https://allredhotelgroup.us21.list-manage.com/subscribe?u=29d9d89c10137c6b769da576e&id=19e1854d86

Map:
Location
Gallery