Beautiful Best western Hotel in Lake Tahoe Asking Price $16 Million.

South Lake Tahoe, CA (El Dorado County)

Beautiful Best western Hotel in Lake Tahoe Asking Price $16 Million.

Asking Price:$16,000,000

Cash Flow:$1,500,000

Gross Revenue:$3,000,000

EBITDA:N/A

FF&E:N/A

Inventory:$100,000*

Real Estate:$3,000,000*

Established:2010

*not included in asking price.

Beautiful Best western Hotel in Lake Tahoe Asking Price $16 Million.

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Business Description

One of beautiful hillside location, 3acre land, 3 story building, 107 rooms, Full renovated facilities and amenities, Very goood hotel on the hillside. Sales Price $16,000,000 included real eatate.

Total Income $4,500,000.00
Cash flow $1.5 Million
Return of Investment 10%

Amenities
24-hour business center
24-hour front desk
ATM/banking
Accessible bathroom
Coffee/tea in common areas
Conference center
Conference space
Conference space size (feet) - 1500
Conference space size (meters) - 135
Dry cleaning/laundry service
Fireplace in lobby
Fitness facilities
Free RV, bus, truck parking
Free WiFi
Free breakfast
Free casino shuttle
Free newspapers in lobby
Free self parking
In-room accessibility
Laundry facilities
Luggage storage
Meeting rooms
Multilingual staff
Number of buildings/towers - 1
Number of floors - 3
Number of meeting rooms - 2
Outdoor seasonal pool
Pets allowed
Safe-deposit box at front desk
Ski storage
Smoke-free property
Spa tub
Television in common areas
Total number of rooms - 106
Wedding services
Year Built1986

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
27
Financing:
SBA, Commercial Loan

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Lawrence Cho

Business Listed By:
Lawrence Cho

Seoul Realty.

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