Maurice Car'rie Winery - FOR SALE - Page 7

SECTION ONE

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MAURICE CAR'RIE WINERY

The Maurice Carrie Winery was established in 1986, and has been owned and run by the Van Roekel family since then. The first vineyard was originally planted in 1968 and was the first commercial vineyard in The Temecula Wine Country! They have continuously upgraded and improved the facilities for wine production, sales, and storage, producing award winning wines and increasing sales annually, but the enormous potential to develop the property into a Premier 180 Room Hotel, Spa and Wedding Venue could be the Highest and Best use for the property. The “CV – Citrus Vineyard” Zoning in the County of Riverside allows 2 hotel rooms per acre, as well as Wedding and special event hosting. With 91 Acres in three separate parcels, there is added flexibility for development and financing.

The exceptional demographics of the area are well established to support growth in all aspects of the hospitality field – with over 20 Million people within a two hour drive. In 2016 the Temecula Valley hosted over 2.7 Million Visitors – with revenue of $712 Million – a 15-16% annual increase from 2004 to 2016. Maurice Carrie Winery receives an average of 45,000 to 50,000 visitors per year, and the potential for increases is substantial.