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Lakewood Cabins 586 Main St 10 Room Hotel Big Bear Lake, CA 92315 $1,690,000 ($169,000/Room)
Investment Highlights
- Upgraded Power Panel. Air conditioner in every Cabin.
Executive Summary
10 stand-alone Lakewood Cabins by Big Bear Lake features approximately 4,852 square feet of Professionally Designed/Remodeled Hotel/Motel/Airbnb investment opportunities inside approximately one acre of wooded area with tall pine trees and picnic area. Minutes away from Big Bear Village restaurants, shops and Ski Resorts. Over $300,000 recent upgrades on 7 one bedroom cabins and 3 studio cabins which include fully equipped kitchens, Living rooms, bathrooms, water heaters, new floorings, split-unit AC systems, and 2 Tesla/EV charging outlets. Newly upgraded items also include Electric panels, August Smart door locks for all units, and a new Wi-Fi system covering inside and outside seating area. Fire pits, BBQ grills , Kids playground, picnic tables and chairs are located in the open area. One On-site Manager cabin servicing all 9 cabins. Ample parking spaces and one acre lot offers possible expansion. The conveyance consists of six parcels. Easy access to Highway 18 and 330.
Property Facts
| Price | $1,690,000 | Lot Size | 1.00 AC |
| Price Per Room | $169,000 | Building Size | 4,852 SF |
| Sale Type | Investment | No. Rooms | 10 |
| Sale Condition | 1031 Exchange | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1946 |
| Property Subtype | Hotel | Parking Ratio | 3.09/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | Motel - Motel zoning and license. | ||
| Price | $1,690,000 |
| Price Per Room | $169,000 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 4,852 SF |
| No. Rooms | 10 |
| No. Stories | 1 |
| Year Built | 1946 |
| Parking Ratio | 3.09/1,000 SF |
| Corridor | Exterior |
| Zoning | Motel - Motel zoning and license. |
Amenities
- High Speed Internet Access
- Digital key
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 10 | $66.00 | - |
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $438,065 | |
| Land Assessment | $493,819 | Total Assessment | $931,884 |
Property Taxes
Parcel Numbers
Land Assessment
$493,819
Improvements Assessment
$438,065
Total Assessment
$931,884
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Lakewood Cabins | 586 Main St
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