Land For Sale • 44 AC
SIGNIFICANTLY DE-RISKED DEVELOPMENT - Over $3mm of improvements have been completed including all Caltrans Highway 41 improvements (road widening and dedicated turn lanes), timber clearance, and wetlands/environmental mitigation. SUPPLY-CONSTRAINED, HIGH BARRIERS TO ENTRY - Fully entitled after a rigorous 15-year process involving an EIR, CEQA challenge, and multiple appeals; no other resort hotel zoned sites exist in the area. MANAGEMENT & FLAG OPTIONALITY - Offered unencumbered, allowing the buyer to select their preferred brand, management, or franchise partner. STRONG RETURNS POTENTIAL - PKF projections of 61% stabilized occupancy at $639 ADR in year 4 of operations, yielding EBITDA above $11 MM after reserves. MULTIPLE INCOME STREAMS - Capture recurring revenue from YARTS foot traffic and repurpose the post office into a coffee concept, establishing a premier park gateway. FLEXIBLE ENTITLEMENTS/POSITIONING - Entitlements preserve optionality in key count, interior programming, and cabin placement.
| SIGNIFICANTLY DE-RISKED DEVELOPMENT |
| SUPPLY-CONSTRAINED, HIGH BARRIERS TO ENTRY |
| MANAGEMENT & FLAG OPTIONALITY |
| STRONG RETURNS POTENTIAL |
| MULTIPLE INCOME STREAMS |
| FLEXIBLE ENTITLEMENTS/POSITIONING |