$4,000,000
$4,500,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
9,600 SqFt
SOLD DATE : 03/10/2023
Key Details
Sold Price $4,000,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 9,600 sqft
Price per Sqft $416
MLS Listing ID 1013708
Sold Date 03/10/23
HOA Y/N No
Year Built 1969
Annual Tax Amount $30,680
Lot Size 0.570 Acres
Acres 0.57
Property Description
A tremendous opportunity to own this perfectly located boutique motel, just two blocks from Lake Tahoe, only a few blocks to Heavenly Valley ski area and about a mile to the nightlife and casinos. There are 24 guest rooms and a beautifully remodeled 3 bedroom, 2.5 bath, 1,256 sq.ft. unit with private outdoor living space, including a back yard and rooftop deck over your 2 car enclosed carport ~ can be used as Manager's unit or for larger families. Very well maintained property with an outdoor swimming pool, hot tub, fire pit, horseshoe pit, barbecue areas, darts and basketball hoop. Something to keep everyone entertained. On-site laundry room with linen storage and multiple washer/dryers for motel operations. During the winter months the Heavenly Ski Resort shuttle stops at the Alder Inn's curb every 30 minutes free of charge. Don't miss your chance to own and operate a beautiful property in South Lake Tahoe with world class outdoor recreation and nightlife opportunities.
Location
State CA
County Eldorado County
Area Tahoe Basin S
Interior
Heating Forced Air, Gas
Fireplaces Number 1
Fireplaces Type One
Furnishings Furnished
Fireplace Yes
Exterior
Exterior Feature Barbecue, Deck
Parking Features One Car Garage, Open
Garage Spaces 1.0
Garage Description 1.0
Pool In Ground
Amenities Available Pool, Spa/Hot Tub
View Trees/Woods
Roof Type Composition,Pitched
Present Use Commercial
Porch Deck
Garage true
Building
Lot Description Corner Lot, Level
Others
Tax ID 027-123-023
Acceptable Financing Cash
Listing Terms Cash
Financing 1031 Exchange
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Bought with Nevada Licensee
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REALTOR® | Lic# CA 01350620 NV BS145655