735 Emerald Bay Rd - Hospitality FOR SALE


South Lake Tahoe, CA 96150
$4,250,000 USD
530-525-2304
735 Emerald Bay Rd, South Lake Tahoe, CA for Sale
$4,250,000 USD
Hospitality - FOR SALE
1/15
null | Request Cap Rate

735 Emerald Bay Rd
South Lake Tahoe, CA 96150


HIGHLIGHTS

  • 24 units for ample guest accommodations including managers unit outside bar and swimming pool
  • Plans have been submitted for a restaurant and outside bar to the Eldorado Health Department
  • The Emerald Bay Lodge Hotel has gone through extensive renovations starting in 2022
  • Zoned for Town Center, offering diverse development opportunities
  • Proximity to popular dining and entertainment options
  • Opportunity to capitalize on the thriving tourism industry

OVERVIEW

NAI Tahoe Sierra is pleased to present the Emerald Bay Lodge Lake Tahoe. The hotel has 24 rooms including managers unit, outside bar, and a swimming pool across 3 building stories with a Gross Building Area (GBA) of +/-6,628 square feet. The Emerald Bay Lodge Hotel has gone through extensive renovations starting in 2022. The renovations breathe new life into the property, enhancing its appeal and functionality for future guests and patrons. List of Capital Improvements that are completed: New Roof, New interior walls and ceiling finish and paint, New flooring, New interior lighting, New Bathrooms, New entry doors, new keyless locks, new high speed wireless internet and Cable service, Completely new furniture and bedding. Plans have been submitted for a restaurant and outside bar to the Eldorado Health Department.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$641 USD /SF

# OF ROOMS

23

PRICE/ROOM

$184,783 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Emerald Bay Lodge

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1958

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Town Center

APN/PARCEL ID

023-161-005-000

ASK ABOUT THIS PROPERTY

Scott FairNAI Tahoe SierraMore Info
530-525-2304

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Scott FairNAI Tahoe SierraMore Info
530-525-2304

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