6770 Fields Landing Drive, Fields Landing, CA 95537 (MLS# 256734)


$750,000
6770 Fields Landing Drive
Fields Landing, CA 95537
MLS# 256734



Silverside Motel
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Silverside Motel Front entry 6770 Fields Landing Drive, Fields Landing, CA 95537 6770 Fields Landing Drive, Fields Landing, CA 95537 6770 Fields Landing Drive, Fields Landing, CA 95537 6770 Fields Landing Drive, Fields Landing, CA 95537 6770 Fields Landing Drive, Fields Landing, CA 95537 Tenant laundry Kitchen Unit bedroom Kitchen unit bedroom Kitchen unit bathroom Kitchen unit living room Kitchen unit living room Kitchen unit kitchen parking area Single Unit Area Standard Room Standard Room Standard Room Bath Standard Bathroom Shower Garden Area 6770 Fields Landing Drive, Fields Landing, CA 95537 Manager's Apartment, Living Room Living Room Living Room Kitchen Kitchen Kitchen & Dining Room Dining Room Bedroom 1 Bedroom 1 Hallway Bedroom 2 Bedroom 2 Bathroom Shower Driftwood Sculpture Garden Front Of Motel Rear of motel

Property Description
Very nicely maintained with many updates, 3 miles south of Eureka is the Silverside Motel in Fields Landing includes 8 single standard rooms, 1 double standard room, 4 kitchen units, and owner/manager 2 bed apartment, There is an onsite laundry for tenants and a garage/storage with utility room/laundry for owner/manager. Owners have rented weekly/monthly and these units are in high demand, present owner is very selective on tenant approval...Units have been very attractive to visiting nurses & PG&E employees. Nestled in Fields Landing with access to beaches & public transportation. Owner prefers to carry 1st with a reasonable down payment subject to terms, the amount of down dictated by financial strength of borrower and terms of loan. Indicated gross revenue is at 50% occupancy

Details
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Documents
Listing Information
Status: Active
List Date: 2020-06-23
List Price: 750000
Current Price: 750000
Property Description
Type of Property: Commercial
Realtor.com Type: Commercial
Construction Status: Existing
Lot Size: .25 - .49 Acres
Lot Acres: 0.37
Flood Zone: Yes
Location, Legal and Taxes
Area: South Bay
House Number: 6770
Street Name: Fields Landing
Street Suffix: Drive
Sub-Area: Fields Landing
State: CA
Zip Code: 95537
Cross Street: 101
APN: 306-031-001
Directions and Remarks
Directions: West side of 101 in Fields Landing at the 101 South on-ramp
Building Description
Year Built: 1949
# Units: 14
SqFt: 6932
Condition: Very Good
Income & Expenses
Annual Gross Rev: 84900
Square Footages
Total Building SqFt: 7612
Business
Business Description: SilverSide Motel
Real Estate Included: Yes
Property Features
Zoning: Commercial; Coastal
Type of Use: Lodging
Existing Use: Other
Location: Corner Lot
Foundation: Slab
Construction: Wood Frame
Siding: Stucco; Wood
Roof: Composition Shingle; Membrane
Insulation: Unknown
Parking: 11 - 20 Spaces; On Site; Paved
Exterior Amenities: Major Road Access; Public Trans
Utilities: 220 Volt; Electric; Gas; Internet; Telephone
Heating: Natural Gas; Wall
Cooling: None
Flooring: Carpeted; Vinyl
Sale Includes: Land/Bldg/Bus
Possession: At Close of Escrow
Financing Terms: Cash; Owner Carry 1st
Documents: Form (BPPP); Form PEAD-V Property Entry Advisory & Declaration; Form PRE (Posted Rules for Entry)

Last Updated: July - 23 - 2020

Based on information from the Humboldt Association of REALTORS® (alternatively, from the Humboldt MS), as of (date the AOR/MLS data was obtained on .) All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2016 (year) Humboldt Association of Realtors®. All rights reserved.

Wednesday 5th of August 2020 01:00 PM