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2187 Lake Tahoe Blvd
South Lake Tahoe, CA 96150
Matterhorn Apartments · Hospitality Property For Sale · 7,544 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1959 |
| Building Class | C | Parking Ratio | 3.05/1,000 SF |
| Lot Size | 0.41 AC | Corridor | Exterior |
| Building Size | 7,544 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 7,544 SF |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 3.05/1,000 SF |
| Corridor | Exterior |
About 2187 Lake Tahoe Blvd , South Lake Tahoe, CA 96150
Turn key investment opportunity. This motel has been completely remodeled and is an "Exceptional Property" in the South Lake Tahoe Single Room Occupancy program. It is fully leased to long term tenants, but the option of nightly rentals is still available. Fully appointed kitchens have been added to all of the units. The kitchens feature a gas range with hood, full size refrigerator, large sink, tiled countertops and plenty of cabinet space. The units are fully furnished, many with quality loft beds to create more living space. The larger building has 11 studios, a 1-BR/1BA, and a 3RB/2BA owners unit, while the smaller building has 4 1BR/1BA units. One unit is ADA compliant. See attachments for proforma and pictures of all units.
PROPERTY TAXES
| Parcel Number | 023-211-041-000 | Improvements Assessment | $1,974,588 |
| Land Assessment | $480,727 | Total Assessment | $2,455,315 |
PROPERTY TAXES
zoning
| Zoning Code | GC |
| GC |
Learn More About Investing in Hospitality Properties
