Bishop and Olancha Investment Holdings FOR SALE


$8,390,000 USD
775-600-9025
for Sale
$8,390,000 USD
FOR SALE
1/72
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Bishop and Olancha Investment Holdings


HIGHLIGHTS

  • Each property is listed and priced separately. Open to offers on multiple properties.
  • Mammoth Mountain contracts rooms from 5 Bishop properties to house seasonal workforce 4-6 months depending on snowfall (2 properites not listed yet)
  • Current owner will work with new owner the next winter season for a smooth transition with Mammoth Mountain
  • Furnishings and inventory included in sale. All properties in operational order generating good income.
  • Olancha RV and Mobile Home Park with cafe is minutes from Death Valley NP and Whitney Portal and Mount Whitney
  • 363 Short St, Bishop, CA - 100% occupied, long-term tenants some below market rent

OVERVIEW

Private investor selling motels, commercial residential, and multi-family properties in Bishop, CA. Long time relationship with Mammoth Mountain to house seasonal workforce 4-6 months out of year in 5 of the properties. Continued relationship with new owners desired by Mammoth Mountain, and the owner will help with transition the first year. Multi-family property, 363 Short Street, with long-time residents, and 100% occupancy. See documents for I&E information. Olancha RV and Mobile Home Park has 50 RV spots, ten 2-bedroom mobile homes with full kitchens, 11 teepees for overnight stays - think glamping. Manager's residence is a double-wide manufactured home, original main house is the office and cafe, swimming pool, bath houses, and laundry facilities for guests. Two wells on site, 3 septic tanks service the property. Just off Hwy 395 on SR 190 in Olancha, the road to Death Valley National Park and minutes from Whitney Portal and Mount Whitney to the north. Listing prices on each property: 363 Short Street, Bishop, CA $1,995,000 274 Lagoon St, Bishop, CA (El Rancho Motel) $1,500,000 236 Lagoon St, Bishop, CA $900,000 331 S Warren St, Bishop, CA $1,000,000 2371 US Hwy 395, Olancha, CA (Olancha RV and Mobile Home Park) $2,900,000 1.0 acre VL parcel, Olancha, CA $20,000 2.24 acre VL parcel, Olancha, CA $25,000 9.5 acre VL parcel, Olancha, CA 50,000 Vacant Land parcels are adjacent to the north and south of the RV Park

ASK ABOUT THIS PROPERTY

Susan MacleanColdwell Banker Select Real EstateMore Info
775-600-9025

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Susan MacleanColdwell Banker Select Real EstateMore Info
775-600-9025

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