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Motel 6 Fort Bragg ($7,999,000)

400 S Main St, Fort Bragg, CA 95437 – MLS#OC18154443 (APN 018-010-37-00 )

The motel is a recently (2016 - 2017) renovated 89-room Motel 6 franchise in the seaside resort town of Fort Bragg. It is right on State Route 1 and a must stop for travels between California and Oregon. Fort Bragg is also a popular year-round tourist destination not just because of the beautiful coastal scenery but also it is the location for the famous "Glass Beach" which is within walking distance from the town center.

The property has a large footprint with many big rooms and spacious parking space, an on-site restaurant and a well-maintained indoor swimming pool. Grocery store and drug store are also a short stroll away. The business has been profitable under a very good management. It is a great opportunity for investors looking for either good and steady returns or for further upside appreciation potential with a new management.

Fort Bragg is a city on California's Mendocino Coast. It's known for Glass Beach, with its shore full of colorful glass stones. The beach is part of sprawling MacKerricher State Park, which supports varied bird life and harbor seals. The Skunk Train is a steam locomotive that weaves through the redwood forests of the Noyo River Canyon. South of the center, the Mendocino Coast Botanical Gardens shelters native plants.