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1171 Emerald Bay Road, South Lake Tahoe, CA 96150

$1,250,000

  • For Sale
  • Active
  • Commercial
  • 4,432 Sq. Ft.
  • 0.57 Acres
1171 Emerald Bay Road, South Lake Tahoe, CA 96150View this property at 1171 Emerald Bay Road, South Lake Tahoe, CA 96150
1171 Emerald Bay RoadSouth Lake TahoeCA96150

Property Description

15 unit highway frontage hotel. High 12% CAP rate. Owner operated. Very well maintained. Everything has been redone, new LED TVs, new windows, doors, electronic locks, heaters and air conditioning. New bathrooms, plumbing and sewer lines. New spa. ADA compliant. New laws, sprinklers, rain gutters. New comp roof in 2005. BMPs done in 2013. New furniture 2013. All new kitchen in owners house. Security camera system. Free wi-fi for guests. ADA remodeled lobby. 2016 gross $300,000.+

Full Property Details for 1171 Emerald Bay Road

General

  • Price: $1,250,000
  • Status: Active
  • Type: Commercial
  • MLS ID: 126871
  • Updated: 10/17/2017
  • Added: 445 day(s) ago

Property History

  • 1171 Emerald Bay Road, South Lake Tahoe, CA
  • Listed at $1,250,000 on 12/5/16

Business

  • Name: Apex Inn

Interior

  • Flooring: Carpet, Tile, Wood

Rooms

Bathrooms

  • Restrooms: Three or More, ADA Compliant

Additional Information

  • Other Features: Security System

Exterior

  • Exterior Features: Storage Shed, Spa/Hot Tub, Land Included

Location

  • Area: Y Area
  • County: El Dorado
  • Cross Streets: C St
  • Driving Directions: About 1/2 mile from the Y (towards the airport) on the left side of Hwy 50.

Heating & Cooling

  • Heating Type: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Utility Description: Electricity, Natural Gas, City Water, City Sewer, Cable TV, Telephone

Structural Information

  • Construction: Wood Frame, Wood Siding
  • Foundation: Concrete Slab
  • Roof: Flat, Asphalt
  • Windows: Double Pane, Vinyl Frame
  • Windows/Doors: Double Pane, Vinyl Frame
  • Wiring: 110 Volts
  • Stories/Levels: One Story,Two Story
  • Square Feet: 4,432
  • Current Bldg. Use: Hotel/Motel
  • Year Built: 1958

Lot Features

  • Lot Size (Acres): 0.57
  • Lot Size (Sq. Ft.): 24,676
  • Lot Size Source: (Tax Data)
  • Fencing (Description): Front, Back

Financial Considerations

  • Price Per Acre: $2,206,531.33
  • Tenant Pays: Nothing

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Schools

Schools serving 1171 Emerald Bay Road

School District:
Lake Tahoe Unified School District
School Name
Grades
Distance
Bijou Community School
3501 Spruce Ave, South Lake Tahoe, CA 96150
K-5
3.1 mi
South Tahoe Middle School
2940 Lake Tahoe Blvd, South Lake Tahoe, CA 96150
6-8
2.3 mi
South Tahoe High School
1735 Lake Tahoe Blvd, South Lake Tahoe, CA 96150
9-12
0.8 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 1171 Emerald Bay Road

1171 Emerald Bay Road, South Lake Tahoe, CA 96150 (MLS# 126871) is a Commercial property. 1171 Emerald Bay Road is currently listed for $1,250,000 and was received on December 05, 2016. Want to learn more about 1171 Emerald Bay Road? Do you have questions about finding other Commercial real estate for sale in South Lake Tahoe? You can browse all South Lake Tahoe real estate or contact a Coldwell Banker agent to request more information.