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$2,550,000
Commercial 43 Units Lot: 55,000 sqft MLS #: 125871
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3530 Lake Tahoe Blvd |
$2,550,000 |
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Commercial 43 Units Lot: 55,000 sqft MLS #: 125871
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Best location on Highway 50
Best location on Highway 50 for this 43 room franchise hotel. 1.26 acres with 199' on the highway and 275'deep lot. 8% cap rate. Property is turnkey and ready to run for the lucrative Lake Tahoe summer. This years great winter already brought the income up $60,000. compared to last winter. Includes swimming pool, large attractive lobby, big owners quarters and laundry room. Roof is newer, electrical has been upgraded and the hotel has newer masonry siding.
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Equal Housing Opportunity |