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Property Management Groveland Ca

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Property Management Groveland Ca

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State officials designate a portion of qualified census tracts as Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Back on the market! Great Yosemite location, high income and recently renovated! Lodging Brokers Network is proud to be the exclusive Groveland lodging broker in Groveland, CA. The historic and recently renovated Groveland Hotel is the oldest hotel in the Yosemite area. It has 18 beautifully appointed rooms, wrap-around verandas and a lovely tiered patio. Located on Highway 120, the most direct route from San Francisco/Sacramento to Yosemite National Park, a year-round international travel destination. More than half a million cars pass by the hotel each year on their way to Yosemite with limited accommodations. Perfect location for Tuolumne River white water expeditions, hiking, biking, horseback riding, fishing, golfing and a private airport only 5 miles away. The property consists of two 2-story buildings totaling 8,100 SF on approximately 1.39 acres with a shop, bar and restaurant. The hotel’s large outdoor space accommodates over 100 people with social distancing and is already set up for weddings and events. The current ownership has not significantly pursued weddings or events that could generate additional income if desired. This updated boutique hotel is offered at a maximum rate of 11.5% for 2019. A qualified buyer can take out a current loan of $3 million, allowing for a faster loan with reduced fees. For more information, contact Kathryn Proctor at 415-606-4587. DO NOT contact the manager or employees. Appointments are made ONLY through the listing broker. For more information, please download, complete and return the Privacy Agreement.

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Property Management Groveland Ca

Old Highway 120, Groveland, Ca 95321

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