20292 Highway 116, Monte Rio, CA 95462

$3,190,000

Property Description

The Inn on the Russian River is a successful 11 room inn with a separate 3bd/3ba owner's house. There is 180 +/- feet of frontage on the Russian River. The grounds are lovely and have hosted many weddings and special events. If you have dreamed of owning a hospitality business and the Russian River is your ideal location then this is the property for you. The rooms have updated decor. Occupancy was 62% in 2022 with an ADR of $209.00.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Rosemarie Corrigan from Vanguard Properties

Copyright 2023, Bay Area Real Estate Information Services, Inc. All Rights Included.