1313 Emerald Bay Rd - Hospitality FOR SALE


South Lake Tahoe, CA 96150
$1,450,000 USD
530-545-0811
1313 Emerald Bay Rd, South Lake Tahoe, CA for Sale
$1,450,000 USD
Hospitality - FOR SALE
1/2
null | 3.54% Cap Rate

1313 Emerald Bay Rd
South Lake Tahoe, CA 96150


HIGHLIGHTS

  • Heavy traffic count, set well back from the road.
  • Forested setting.

OVERVIEW

Prime US Highway frontage near the South Lake Tahoe airport. Features 13 units and a spacious 2 bedroom apartment with large kitchen and living room. Currently operated as a monthly lodging, this could make an excellent boutique hotel. Conveniently located close to shopping, beaches and bike trails. Multiple avenues for increasing income and redevelopment.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$298 USD /SF

# OF ROOMS

14

PRICE/ROOM

$103,571 {currency}

CAP RATE

3.54%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Emerald Bay Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1957

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

TC

APN/PARCEL ID

032-221-001-000

ASK ABOUT THIS PROPERTY

Lloyd AronoffRe/Max Realty TodayMore Info
530-545-0811

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Lloyd AronoffRe/Max Realty TodayMore Info
530-545-0811

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