3116 Highway 1 | Stinson Beach, CA 94970
Type: Single Family Home
SOLD – Stinson Beach Motel
At the foot of magical Mount Tamalpais, near the sandy beach of the Pacific Ocean, sits a cozy 8 unit motel plus an owner’s unit. Just steps from restaurants and shops of “main street” Stinson Beach, and a few more steps to the beach and park areas, this is a destination property. For more adventure, explore nearby Muir Woods, Point Reyes, the quaint town of Bolinas, and all the marvels of West Marin. Consistently generating approximately a 7% return over the past decade, this investment capitalizes on the low inventory and high demand of motel rooms. Gross income has varied less than 10% since 2001. 2012 is proving to be an incredible year with consistent 100% occupancy.