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Mammoth Creek Inn 663 Old Mammoth Rd

38 Room Hotel Mammoth Lakes, CA 93546 $18,000,000 ($473,684/Room)

Investment Highlights

  • Relaxing Indoor Spa: Jacuzzi, European Dry Sauna, Steam Room, & Fitness Center
  • 2nd floor study-sitting room with wood burning stove
  • Just steps to Mammoth Creek with complimentary ski & snowboard storage
  • Enchanting lobby with large fireplace
  • Trendy billiard room with flat screen HD TV
  • Convenient access to free trolley & bus stops

Executive Summary

The Nevarez Group of Marcus & Millichap’s National Hospitality Division has been exclusively engaged to sell the fee simple interest of the 44 rooms total of the Mammoth Creek Inn. The Mammoth Creek Inn is undergoing an exciting expansion with the addition of 12 luxurious villas, which can also be sold separately as condominiums. With a total of 44 rooms, including the original 26 keys and the newly developed villas that have 18 rooms, the inn is poised to offer an enhanced experience to its guests.
The new rooms seem to be designed with a focus on luxury and comfort, featuring designer amenities, kitchens, balconies, and even accommodations for canine guests, which can appeal to a wide range of travelers.
This expansion project represents an exciting opportunity for both the seller and potential buyers, offering the chance to acquire a
well-established hospitality property with added value from the new villa development.
The Mammoth Creek Inn, situated in the picturesque setting of Mammoth Lakes, serves as a cherished destination for travelers
seeking the beauty and adventure of the Eastern Sierra region. With its rich history spanning nearly four decades, the inn has become a hallmark of hospitality in the area.
Conveniently located near Mammoth Mountain and accessible via scenic U.S. Highway 395, the inn offers a welcoming retreat for guests throughout the year. Whether visitors are drawn to the area for skiing and snowboarding on Mammoth Mountain, exploring Yosemite National Park, or indulging in various outdoor activities such as fishing, hiking, and mountain biking, the Mammoth Creek Inn provides a comfortable base for their adventures.
Additionally, the Mammoth Creek Inn continues to prioritize guest convenience with complimentary shuttle service to and from the Mammoth-Yosemite Airport, further enhancing the overall experience for visitors.
As the inn enters its next chapter with the completion of the development project, it remains dedicated to upholding its legacy of providing a home away from home for travelers seeking the best of Mammoth Lakes and the surrounding High Sierra region.

Property Facts

Price $18,000,000
Price Per Room $473,684
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.78 AC
Building Size 15,877 SF
No. Rooms 38
No. Stories 2
Year Built/Renovated 1970/2009
Parking Ratio 1.7/1,000 SF
Corridor Interior

Amenities

  • Balcony
  • Business Center
  • Fitness Center
  • Spa
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Fully-Equipped Kitchen
  • Multi-Room Suites

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 12 $245.00 -
Guest Room 26 $150.00 -
Walk Score ®
Very Walkable (71)
Bike Score ®
Biker's Paradise (95)
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
035-170-025-000
Land Assessment
$1,692,830
Improvements Assessment
$4,181,365
Total Assessment
$5,874,195

zoning

Zoning Code OMR
OMR
  • Listing ID: 31459845

  • Date on Market: 4/9/2024

  • Last Updated:

  • Address: 663 Old Mammoth Rd, Mammoth Lakes, CA 93546

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