953 Park Ave - Hospitality FOR SALE


South Lake Tahoe, CA 96150
$3,777,000 USD
530-545-0811
953 Park Ave, South Lake Tahoe, CA for Sale
$3,777,000 USD
Hospitality - FOR SALE
1/22
null | Request Cap Rate

953 Park Ave
South Lake Tahoe, CA 96150


OVERVIEW

RARE Opportunity! SELLER WILL CARRY THE FINANCING!! Prime investment opportunity In South Lake Tahoe. Best location in incredible South Lake Tahoe. Walk to casinos, new event center (coming in September 2023), Edgewood golf course, Heavenly Valley skiing and summer activities, entertainment, multiple restaurants, shopping, movies, beaches on Lake Tahoe. 13 hotel units plus 2 separate living quarters. A savvy buyer could really increase the business.

FOR SALE DETAILS

PRICE

$3,777,000 USD

PRICE/SF

$736 USD /SF

# OF ROOMS

14

PRICE/ROOM

$269,786 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Paradice Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1959

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

TC

APN/PARCEL ID

029-064-004-000

ASK ABOUT THIS PROPERTY

Lloyd AronoffRe/Max Realty TodayMore Info
530-545-0811

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Lloyd AronoffRe/Max Realty TodayMore Info
530-545-0811

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