27992 Rainbow Dr - Hospitality FOR SALE


Lake Arrowhead, CA 92352
$3,599,999 USD
562-561-8787
27992 Rainbow Dr, Lake Arrowhead, CA for Sale
$3,599,999 USD
Hospitality - FOR SALE
1/70
null | Request Cap Rate

27992 Rainbow Dr
Lake Arrowhead, CA 92352


HIGHLIGHTS

  • Prime Location: A short walk to Lake Arrowhead Village, offering guests access to local attractions, dining, and recreational activities.
  • Spacious Units: Variety of room types catering to different guest preferences, enhancing occupancy potential.
  • Strong Income Potential: The property's established reputation and diverse accommodations position it well for consistent revenue generation.

OVERVIEW

Property Overview: Rare opportunity to own an iconic 21-room lodge in the heart of Lake Arrowhead. Situated on 2+ acres in Arrowhead Woods with lake rights and prime positioning near Lake Arrowhead Village. Accommodations: A mix of deluxe rooms, poolside accommodations, and spacious suites suited for both individuals and large groups. Amenities: Heated swimming pool, seasonal creek, gazebo, outdoor stage, and expansive event space ideal for weddings, corporate retreats, and special events. Business Potential: Motel-zoned (0331) property with strong hospitality revenue growth potential. Nine units recently renovated, remaining rooms in great condition. On-site wedding venue has already received 20 inquiries but needs some repairs; seller willing to offer credit to the buyer for improvements. Comparable Property: Nearby Pine Rose Cabins is booked two years in advance for weddings, highlighting the market demand. Room rates: Range from $109 - $349 per night. Location Highlights: Highway 173 frontage with excellent visibility, easy access to outdoor recreation (hiking, fishing, boating, skiing), and a strong local market for both tourism and upscale lodging. Financials: Available upon request. Investment Opportunity: A turnkey property with strong revenue potential in a sought-after mountain destination.

FOR SALE DETAILS

PRICE

$3,599,999 USD

PRICE/SF

$423 USD /SF

# OF ROOMS

21

PRICE/ROOM

$171,429 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arrowhead Tree Top Lodge

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.09 AC

LAND SF

91,040 SF

ZONING

LA/RM

APN/PARCEL ID

0335-121-42

ASK ABOUT THIS PROPERTY

Anupreet SinghWE'RE Real EstateMore Info
562-561-8787

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

Anupreet SinghWE'RE Real EstateMore Info
562-561-8787

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