Hotel in Historic Eureka Situated Along Highway 101
The Passport Group has been retained as exclusive broker to offer the fee-simple interest in the 65 guest room Clarion Hotel by Humboldt Bay (“Hotel” or “Property”) located at 2223 Fourth Street, Eureka, California. The Hotel is positioned on approximately 1.32 acres. The Hotel is located on iconic 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 a northern California, coastal, franchise hotel with small restaurant. The Hotel is a cash flowing asset. The Property is two buildings, constructed in 1992 and 2001.
Property Name: Clarion
Address: 2223 Fourth Street, Eureka, CA 95501
Number of Rooms: 65
Year Built: 1992 (Additions in 1995 and 2001)
Number of Buildings: 3
Site Area: 1.3223 acreFloor and Layout: Three buildings – one building with three floors and interior corridors; two buildings with two floors both with exterior corridors.
Listing Price: $$5,800,000
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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.