This Hotel & Motel Property is Off-Market.

32 Brenner
June Lake, CA 93529 ·

10 Rooms · Hotel & Motel For Sale

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Lake Front Cabins

Price N/A Cap Rate 9.70%
No. Rooms 10 Average Daily Rate $157
Building Size 5,641 SF RevPAR $72
Property Type Hotel & Motel No. Stories 1
Property Sub-type Economy/Limited Service Corridor Exterior
Property Use Type Investment Lot Size 21,623 SF
Listing ID: 17963553 Date Created: 01/02/2013 Last Updated: 10/30/2013

Description

Top guest ratings on TripAdvisor, and Well established small motel property in Eastern Sierra resort community. Nightly rentals with an alpine cabin feel that include 1 and 2-bedroom cabins with kitchens and livingrooms. Both property and interiors have been continually renovated/refurbished over many years. Half acre property has picnic area, BBQs, fish cleaning area, campfire.
View hotel website:

The property is located in the eastern Sierras of California, Mono County, in the June Lake Village, just next door to the June Lake Marina. It is about 25 minutes from the eastern gate to Yosemite National Park and Mammoth Lakes, a short drive to Bodie, Mono Lake and a many other lakes and streams that feed from the Sierras. The altitude of 7600 feet and is surrounded by pine trees, mountains and lakes. The closest large cities are: Bishop, 50 miles, Reno, Nevada a 2.5 hour drive, and 6 hour drive to Southern California. Close to areas natural wonders, near lakes, village area, hiking trails, bicycling, fishing and boating. Winter offers family snow play, skiing snowboarding, cross country and snowmobiles.

Highlights

  • Turnkey operation, simple to operate.
  • FSBO can provide as many details, numbers as you like. Financing options available. Contact us
  • Property revenue has nearly tripled in last 8 years. Cap rate: 9.7, excellent ROI. Zoned MFR-H.
  • Recently approved Bldg Permit for a 3-bdrm home (3600 Sq') with lake & mtn views on site.
  • Looking for Buyer who loves the resort mountain lifestyle and wants to run their own well established property, or hire one pt-time employee.
  • Property has been continually upgraded and well-maintained by current owners.

Research

32 Brenner, June Lake, CA 93529 (Mono County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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