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Popular Boutique Suite Hotel In Big Bear Lake 41095 W Big Bear Blvd

4 Room Hotel Big Bear Lake, CA 92315 $975,000 ($243,750/Room)

Executive Summary

Seller may carry less than half of the purchase price.

Property Facts

Price $975,000
Price Per Room $243,750
Sale Type Investment
Sale Conditions
1031 Exchange
  • Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.09 AC
Building Size 1,870 SF
No. Rooms 4
No. Stories 2
Year Built/Renovated 2003/2015
Tenancy Single
Parking Ratio 2.14/1,000 SF
Corridor Exterior
Cross Streets Knight Ave

Amenities

  • Balcony
  • High Speed Internet Access
  • Public Access Wifi

About 41095 W Big Bear Blvd , Big Bear Lake, CA 92315

Location, Location and Location! This 4-plex suite hotel with great guest reviews (99.5% positive under prior Lindberg Suites brand) is one of the best located lodging facilities in the very heart of Big Bear Lake Village whose strong cash flows used to rival a big hotel. It is within walking distance to the Village with access to all the fine dining, cinema, bowling alley and fun zone for the kids. Only 4 minutes’ drive to the skiing resort at Snow Summit, 2 minutes’ drive to Big Bear Marina, and 3 minutes’ drive to Alpine Slide at Magic Mountain. Guests are greeted to the property by a separately located 24-hour front desk. This is most visitors' favorite part of Big Bear Lake, according to independent reviews. Couples in particular love the convenient location for a romantic mountain getaway. This 4-plex has consistently generated more revenue than other nearby larger 10- to 20-room motels. The guest suites are designed with a modern Euro chic image after a complete renovation since the owner took over 5 years ago. It enjoys one of the best online reviews. There is free WiFi access and free parking are available right on site. Each guest room comes with a spa bath, a cable flat-screen TV with a DVD player, a microwave, and a refrigerator. The private bathrooms are equipped with a hairdryer and free toiletries. Big Bear Lake is the vacation mecca for Southern California local residents and out-of-town visitors. The lake in Big Bear Lake is eight miles long and approximately one mile across at its widest point. It has about 23 miles of shoreline and is located at an elevation of 6,743.20 feet. To the millions of tourists who visit this forested paradise every year, Big Bear Lake offers world-class snowboarding, skiing, sledding, hiking, nature walks, mountain biking, boating, fishing, kayaking, sailing, water-skiing, wake-boarding, parasailing, golfing, shopping and entertainment for the whole family young and old who come to play in the snow.

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 4 $505.00 400
Walk Score ®
Very Walkable (70)
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
0309-103-04
Land Assessment
$72,111
Improvements Assessment
$408,621
Total Assessment
$480,732

zoning

Zoning Code C-2
C-2
  • Listing ID: 21714878

  • Date on Market: 12/11/2020

  • Last Updated:

  • Address: 41095 W Big Bear Blvd, Big Bear Lake, CA 92315

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