Share This Listing

Message

949 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Alder Inn 1072 Ski Run Blvd 25 Room Hotel South Lake Tahoe, CA 96150 $4,895,000 ($195,800/Room) 8.71% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Prime Location: Just a 5-minute walk to Lake Tahoe and Ski Run Marina, with Heavenly’s free shuttle stopping at the entrance every 30 minutes
  • Investment Strength: Consistent year-round occupancy from Tahoe’s four-season tourism and strong potential for revenue growth through direct bookings
  • Turnkey Boutique Asset: 25 renovated rooms with modern amenities, contactless check-in, and a strong online presence for immediate operational ease.

EXECUTIVE SUMMARY

Alder Inn is a family-owned, 25-unit boutique property located on Ski Run Boulevard in the heart of South Lake Tahoe. Built in 1969, renovated in 2017, and meticulously maintained, the 9,600-square-foot inn sits on a 0.574-acre parcel just a five-minute walk from Lake Tahoe and Ski Run Marina. Heavenly Mountain Resort’s free ski shuttle stops directly at the entrance every 30 minutes.
Positioned within South Lake Tahoe’s most desirable visitor corridor, Alder Inn benefits from consistent year-round tourism driven by skiing, lake recreation, and destination events. Each of the 25 renovated rooms offers its own unique design, a private bath, and modern amenities including microwaves, mini-fridges, coffee and tea service, and Wi-Fi. The property features contactless check-in, 24/7 guest support, on-site parking, and inviting outdoor seating areas that create a comfortable mountain-lodge atmosphere. A strong online presence through its branded website and major booking platforms supports steady occupancy and guest visibility.
This turnkey boutique asset offers strong investment fundamentals supported by Tahoe’s four-season demand and walkable proximity to more than 20 restaurants, Ski Run Marina, and local attractions. There is room for ADR and revenue growth through enhanced amenities and increased direct bookings. Located one mile from Stateline’s casinos and nightlife with easy access to U.S. Highway 50 and the Reno-Tahoe International Airport, Alder Inn attracts visitors year-round from the Bay Area, Sacramento, and international markets, making it a rare opportunity to acquire a proven performer in one of Tahoe’s most supply-constrained lodging markets.

ATTACHMENTS

Alder Inn OM

PROPERTY FACTS

Price $4,895,000
Price Per Room $195,800
Sale Type Investment
Cap Rate 8.71%
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.57 AC
Building Size 9,600 SF
No. Rooms 25
No. Stories 2
Year Built/Renovated 1969/2016
Tenancy Single
Parking Ratio 10/1,000 SF
Corridor Exterior
Zoning TC

AMENITIES

  • Pool
  • Shuttle Service
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 2 $291.00 -
Guest Room 23 $119.00 -
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
027-123-023-000
Land Assessment
$1,040,400
Improvements Assessment
$3,262,339
Total Assessment
$4,302,739
  • Listing ID: 38145046

  • Date on Market: 10/20/2025

  • Last Updated:

  • Address: 1072 Ski Run Blvd, South Lake Tahoe, CA 96150

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}