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1.26 acres in El Dorado County, California

3530 Lake Tahoe Boulevard, South Lake Tahoe, California 96150 - El Dorado County
$2,550,000 1.26 Acres
Bedroom Bathrooms 17600 Sq.Ft.
Property ID 3225186


Excellent location on Highway 50 for this 43 room franchise hotel. 1.26 acres with 199' on the highway and 275'deep lot. 10.9% cap rate on year to date income (8/2015 to 7/2016). Gross income for this period is $714,000. Property is turnkey. Includes swimming pool,spa, large attractive lobby, big owners quarters and laundry room. Roof is newer, electrical has been upgraded, new pool pump and heater and the hotel has new masonry siding.


Highway 50 (right on the highway)about 1 mile from Stateline

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Lloyd Aronoff

RE/MAX Realty Today

2568 Lake Tahoe Blvd.
South Lake Tahoe, CA 96150

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