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4130 Manzanita Ave
South Lake Tahoe, CA 96150

$7,950,000 USD

Hotel For Sale  •  42,729 SF

Property Details

  • Property Type Hotel
  • Total Building Size 42,729 SF
  • Lot Size 1.05 AC
  • Building Class C
  • Year Built 1966
  • Tenancy Single
  • Zoning TC
0 Transit Score
63 Walk Score

Highlights

Ideal Location: The property is located steps from Heavenly Village, Heavenly Ski Resort, and the shores of Lake Tahoe
Recent Capital Investment: Over the past five years, ownership spent approximately $1.65 million on improvements to preserve the life of the property
Value-Add Opportunity: The offering presents multiple avenues for growth through more extensive interior renovations as well as operational upside
High Barriers to Entry: South Lake Tahoe presents significant barriers to new development including limited land availability and strict zoning
Opportunity Zone Benefits: The property is located within a federally designated Opportunity Zone, offering tax incentives to future investors

Amenities

  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: Yes
Scott Fair 530-525-2304 NAI Tahoe Sierra
Scott Fair 530-525-2304 NAI Tahoe Sierra