The Washoe Lodge | 751 Emerald Bay Rd
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The Washoe Lodge 751 Emerald Bay Rd
17 Room Hotel South Lake Tahoe, CA 96150 £2,919,300 (£171,724/Room) 7.38% Net Initial Yield
Investment Highlights
- 17 units for guest accommodations including managers unit
- Strong management team in place
- Great location with heavy road traffic
- Recently Renovated
- Turnkey Opportunity
Executive Summary
Best investment opportunity In South Lake Tahoe. Units: 17 Recently Renovated With Strong management team in place, willing to stay.
Features: Prime location in the heart of South Lake Tahoe, offering easy access to local attractions and recreational activities
Modern and stylish renovations throughout the lodge, ensuring a fresh and inviting atmosphere for guests
Well-maintained property with attention to detail and quality upgrades
Highlights: Turnkey Opportunity: Ready for immediate operation with no need for additional investments or renovations
Revenue Potential: Established business with a solid track record and loyal customer base with a lot more potential
Scenic Views: Enjoy the breathtaking beauty of South Lake Tahoe from the comfort of your lodge
Features: Prime location in the heart of South Lake Tahoe, offering easy access to local attractions and recreational activities
Modern and stylish renovations throughout the lodge, ensuring a fresh and inviting atmosphere for guests
Well-maintained property with attention to detail and quality upgrades
Highlights: Turnkey Opportunity: Ready for immediate operation with no need for additional investments or renovations
Revenue Potential: Established business with a solid track record and loyal customer base with a lot more potential
Scenic Views: Enjoy the breathtaking beauty of South Lake Tahoe from the comfort of your lodge
Property Facts
| Price | £2,919,300 | Lot Size | 0.98 AC |
| Price Per Room | £171,724 | Building Size | 6,099 SF |
| Sale Type | Investment | No. Rooms | 17 |
| Net Initial Yield | 7.38% | Number of Floors | 1 |
| Sale Conditions | 1031 Exchange | Year Built/Renovated | 1953/2018 |
| Property Type | Hospitality | Parking Ratio | 4.26/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C |
| Price | £2,919,300 |
| Price Per Room | £171,724 |
| Sale Type | Investment |
| Net Initial Yield | 7.38% |
| Sale Conditions | 1031 Exchange |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.98 AC |
| Building Size | 6,099 SF |
| No. Rooms | 17 |
| Number of Floors | 1 |
| Year Built/Renovated | 1953/2018 |
| Parking Ratio | 4.26/1,000 SF |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
- Patio
- Public Access Wi-Fi
- Smoke-Free
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 17 | £117.56 | - |
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PROPERTY TAXES
| Parcel Number | 023-161-006-000 | Improvements Assessment | £683,479 |
| Land Assessment | £172,576 | Total Assessment | £856,055 |
PROPERTY TAXES
Parcel Number
023-161-006-000
Land Assessment
£172,576
Improvements Assessment
£683,479
Total Assessment
£856,055
zoning
| Zoning Code | TC |
| TC |
-
Christopher Trajkovski - Blue Peak Realty, LLC
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The Washoe Lodge | 751 Emerald Bay Rd
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