Welcome to Alder Inn, a boutique hotel near Lake Tahoe’s South Shore, and Heavenly Mountain Ski Resort. Offered at $5.49M with an actual CapRate of 9%. We have additional financials, photos, and STR reports available to any qualified buyer upon request.
Spanning 9,600 square feet, Alder Inn boasts 26 updated units. The layout includes 12 Single Kings, 7 Single Queens, 4 Double Queens, 2 Managers Unit / Family Suite, and 1 ADA accessible Single Queen. One of the most unique features of Alder Inn is it’s managers unit, a versatile potential for future rental either as a spacious 3-bedroom, 2.5 bathroom unit or separated and rented as a 1Bd 1.5Ba with living room and kitchen, and a 2Bd 1Ba upstairs unit with a larger room that has space for a TV area. Additionally this space could be reimagined for an on site manager.
Alder Inn has recent upgrades including: new TVs in 15 rooms, stylish flooring renovations, and air conditioning in all upstairs units. The manager's unit features a new deck, and the property boasts an upgraded lawn area perfect for summer activities.
Alder Inn is a turn-key operation, active on major booking platforms, ensuring a smooth transition for new owners looking to manage and grow this thriving business.Value Add Opportunities: Reimagine the pool and spa area, create a lively space for guest to enjoy outdoors, expanding on the already existing resort feel of the property.
Discover the Alder Inn, a unique investment opportunity that stands out in the hospitality market for its perfect mix of location, varied accommodations, recent upgrades, solid financials, and operational readiness.