The Redwood Fortuna Riverwalk Hotel
Independent Hotel on Iconic Redwood Highway 101
The Passport Group has been retained as exclusive broker to offer the fee-simple interest in the 46-guestroom The Redwood Riverwalk Hotel (“Hotel” or “Property”) located at 1859 Alamar Way, Fortuna, California.
The Hotel is positioned on approximately 1 acre. The Hotel is located on 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 an independent hotel with upside potential. The Redwood Riverwalk Hotel is a cash flowing asset. The Property is a two-story, exterior corridor hotel originally constructed in 1993. The hotel offers a variety of amenities such as full breakfast, microwave and refrigerator in all 46 guestrooms, complimentary wireless Internet service and complimentary parking.
Property Name: The Redwood Fortuna Riverwalk Hotel
Address: 1859 Alamar Way, Fortuna, California
Number of Rooms: 46Parking: 48 parking spaces
Year Built: 1993
Number of Buildings: 1
Site Area: 1 acreFloor and Layout: Two Floors, Exterior corridor
Listing Price: $4,000,000
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Carol J. Gallegos
Carol holds a Masters Degree in Business Management with an emphasis on Hotel Management and Hospitality Accounting. She has extensive experience in the marketing and negotiating of commercial real estate transactions.