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Rainbow View Lodge 2726 View Dr 8 Room Hotel Running Springs, CA 92382 $1,298,000 ($162,250/Room) 6.12% Cap Rate
Investment Highlights
- Currently managed as a fully occupied 8-unit multi-family property in a high-demand rental market.
- This property offers versatile potential with county licensing for Motel Use, as well as options for Multi-Family, Assisted Living, or a Rehab Center.
Executive Summary
Although licensed motel, it consists of several buildings mostly individual cabins. Each unit has a kitchen or kitchenette. This property is operated as a multi-family housing with long term tenants for regular consistent cashflow. There is also a coin-op laundry on-site.
Property Facts
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 6 | $122.00 | - |
| Guest Room | 2 | $73.00 | - |
Somewhat walkable
20/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 0295-174-72 | Improvements Assessment | $343,241 |
| Land Assessment | $171,622 | Total Assessment | $514,863 |
Property Taxes
Parcel Number
0295-174-72
Land Assessment
$171,622
Improvements Assessment
$343,241
Total Assessment
$514,863
Contact
-
Brian L. Cohen -
Arrowhead Premier Properties
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Rainbow View Lodge | 2726 View Dr
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