The Rigdon House

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Site

Address: 4022 Burton Drive, Cambria, California 93428

Lot Size: 0.6 AC

APN: 013-264-008 & 013-264-007

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Financial Summary

Sold: $2,750,000

Price/Room: $211,538

Cap Rate: 6%

Gross Rent Multiplier: 4.48

Revpar: $124.82

Average Occupancy: 90.22%

Gross Revenue: $614,344.96

Net Operating Income: $165,775.27

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Construction

Year Built: 1880 & 1970

Buildings: 2

Total Building Sq Ft: 11,000 SQ FT

Corridor: Interior & Exterior

Last Renovation: 2018

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Guest Rooms

Number of Rooms: 13

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Area Market

Local Attractions: Hearst Castle, Big Sur, Highway 1, Paso Robles Wine Country