Historical Hotel & Motel Sale Listing - Silver Shadows Lodge

Hotel & Motel For Sale

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Silver Shadows Lodge

1251 Emerald bay Rd., South Lake Tahoe, CA 96150

N/A

18 Rooms | Hotel & Motel

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Hotel / Motel - Off Market

Price:
N/A
No. Rooms:
18
Building Size:
4,200 SF
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
8.70%
Average Daily Rate:
$15
Lot Size:
25,047 SF
Listing ID
16736108
Last Updated
over 1 year ago

Description

Highway frontage motel in South Lake Tahoe, Ca. 18 units plus a managers house. Presently rented mostly on a monthly and weekly basis.
Directly adjoins the High Country Lodge (also for sale for $850,000.) Could sell as a package. Could use some TLC.

Highway frontage on Emerald Bay Rd.(aka US Highway 50). Close to Tahoe airport, shopping and restaurants at the "Y". Apx. 5 miles to Stateline, Nevada casinos and Heavenly Valley ski area. Nearby are beaches, bike trails, forests.

Map of 1251 Emerald bay Rd., South Lake Tahoe, CA 96150 (El Dorado County)

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Created 6/24/2010