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Goldmine Lodge 42268 Moonridge Rd

11 Room Hotel Big Bear Lake, CA 92315 $1,900,000 ($172,727/Room)

Investment Highlights

  • Golden location - convenient to everything and yet in a quiet wooded area

Executive Summary

Seller financing is not available. Motivated to sell to a qualified buyer with fund proof and a quick close.

Property Facts

Price $1,900,000
Price Per Room $172,727
Sale Type Investment
Sale Conditions
1031 Exchange
  • Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.00 AC
Building Size 5,656 SF
No. Rooms 11
No. Stories 2
Year Built 1965
Tenancy Single
Corridor Exterior

Amenities

  • Business Center
  • High Speed Internet Access
  • Wedding Venue
  • Public Access Wifi
  • Smoke-Free

About 42268 Moonridge Rd , Big Bear Lake, CA 92315

Goldmine Lodge is one of the hidden gems at a great location in Big Bear Lake. The Western themed property is tucked away in a quiet wooded area with tall pine trees all around, yet it is so conveniently located right on the way from Big Bear Blvd to Bear Mountains Ski Resort and the Zoo with a Moonridge Rd address. The property has plenty of open grassy space for corporate events, weddings and outdoor activities. Some of the open space may be used for further expansion. It is a short walking distance to many fine dining restaurants, a short drive to grocery stores, hospitals, Starbucks, fast food outlets, ski slopes and everything that tourists may ever need during a stay with wonderful memories in Big Bear Lake. There are 12 keys when the manager's house is included. Some part of the motel are rooms with a king-size bed or queen-size double beds, many others are family-sized suites with one-bed and two-bed rooms for tourists to select from. The total number of beds can sleep between 20 to 30 persons. Many are equipped with microwave ovens, fridges, ranges and ovens for family cooking and entertaining. In addition, connected to the reception desk office there is a large 2-bedroom manager's stand-alone house that sleep another 5 persons and can be rented out at the new owner's discretion. There is also plenty of parking space on almost an acre of land. The owner has put in a significant amount of blood, sweat and tears for renovation of the property from a previously dilapidated state since the acquisition. Due to family reasons, the owner has reluctantly decided to part way with this treasured possession if we can find a caring new owner for it.

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 11 $66.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2328-213-19
Land Assessment
$452,574
Improvements Assessment
$832,320
Total Assessment
$1,284,894

zoning

Zoning Code General Commercial (Motel)
General Commercial (Motel)
  • Listing ID: 29354126

  • Date on Market: 8/24/2023

  • Last Updated:

  • Address: 42268 Moonridge Rd, Big Bear Lake, CA 92315

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