1072 Ski Run Blvd - Hospitality FOR SALE


South Lake Tahoe, CA 96150
$4,895,000 USD
775-771-0371
1072 Ski Run Blvd, South Lake Tahoe, CA for Sale
$4,895,000 USD
Hospitality - FOR SALE
1/58
null | 8.71% Cap Rate

1072 Ski Run Blvd
South Lake Tahoe, CA 96150


HIGHLIGHTS

  • Prime Location: Just a 5-minute walk to Lake Tahoe and Ski Run Marina, with Heavenly’s free shuttle stopping at the entrance every 30 minutes
  • Turnkey Boutique Asset: 25 renovated rooms with modern amenities, contactless check-in, and a strong online presence for immediate operational ease.
  • Investment Strength: Consistent year-round occupancy from Tahoe’s four-season tourism and strong potential for revenue growth through direct bookings

OVERVIEW

Alder Inn is a family-owned, 25-unit boutique property located on Ski Run Boulevard in the heart of South Lake Tahoe. Built in 1969, renovated in 2017, and meticulously maintained, the 9,600-square-foot inn sits on a 0.574-acre parcel just a five-minute walk from Lake Tahoe and Ski Run Marina. Heavenly Mountain Resort’s free ski shuttle stops directly at the entrance every 30 minutes. Positioned within South Lake Tahoe’s most desirable visitor corridor, Alder Inn benefits from consistent year-round tourism driven by skiing, lake recreation, and destination events. Each of the 25 renovated rooms offers its own unique design, a private bath, and modern amenities including microwaves, mini-fridges, coffee and tea service, and Wi-Fi. The property features contactless check-in, 24/7 guest support, on-site parking, and inviting outdoor seating areas that create a comfortable mountain-lodge atmosphere. A strong online presence through its branded website and major booking platforms supports steady occupancy and guest visibility. This turnkey boutique asset offers strong investment fundamentals supported by Tahoe’s four-season demand and walkable proximity to more than 20 restaurants, Ski Run Marina, and local attractions. There is room for ADR and revenue growth through enhanced amenities and increased direct bookings. Located one mile from Stateline’s casinos and nightlife with easy access to U.S. Highway 50 and the Reno-Tahoe International Airport, Alder Inn attracts visitors year-round from the Bay Area, Sacramento, and international markets, making it a rare opportunity to acquire a proven performer in one of Tahoe’s most supply-constrained lodging markets.

FOR SALE DETAILS

PRICE

$4,895,000 USD

PRICE/SF

$510 USD /SF

# OF ROOMS

25

PRICE/ROOM

$195,800 {currency}

CAP RATE

8.71%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Alder Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1969

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,898 SF

ZONING

TC

APN/PARCEL ID

027-123-023-000

ASK ABOUT THIS PROPERTY

Tristen HoustonMarmot PropertiesMore Info
775-771-0371

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Tristen HoustonMarmot PropertiesMore Info
775-771-0371

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.