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Hillcrest Suites & Cabins 40241 Big Bear Blvd 13 Room Hotel Big Bear Lake, CA 92315 $2,549,300 CAD ($196,100 CAD/Room) 7% Cap Rate



Investment Highlights
- 13 rentable multifamily units plus on-site manager’s unit
- Four separate buildings with a mix of cabin-style and apartment-style units
- Several fully detached units offering enhanced privacy
- Operated as long-term, month-to-month residential rentals
- Unit mix includes 1BR/1BA, 2BR/1BA, and studio units (with and without kitchens)
- Located in the heart of Big Bear Lake, a year-round resort market
Executive Summary
Hillcrest Lodge presents an opportunity to acquire a boutique hospitality asset in the heart of Big Bear Lake, one of Southern California's most recognized year-round mountain resort destinations. The 13-room lodge offers a welcoming mountain retreat environment within close proximity to The Village, Big Bear Lake, Snow Summit, Bear Mountain, and an extensive network of outdoor recreation amenities that attract visitors throughout all four seasons.
Designed to deliver a traditional mountain lodge experience, the property features thoughtfully appointed guest accommodations with rustic character and a comfortable atmosphere that appeals to vacationers, outdoor enthusiasts, families, and weekend travelers. Its intimate scale allows for a personalized guest experience while supporting operational flexibility for ownership.
The property's central location provides convenient access to dining, shopping, skiing, snowboarding, hiking, biking, boating, and fishing, positioning the asset to benefit from the area's established tourism economy. Surrounded by the natural beauty of the San Bernardino Mountains, Hillcrest Lodge combines a tranquil setting with accessibility to the region's primary demand drivers.
Offered at $1,850,000, the property reports gross annual income of $201,000 and a stated cap rate of 7%. The site encompasses approximately 21,363 square feet and includes 15 surface parking spaces. With a combination of hospitality income, established lodging operations, and a location within a highly visited recreational market, Hillcrest Lodge offers investors the opportunity to acquire a lodging asset in a destination known for year-round visitor demand and outdoor tourism.
Designed to deliver a traditional mountain lodge experience, the property features thoughtfully appointed guest accommodations with rustic character and a comfortable atmosphere that appeals to vacationers, outdoor enthusiasts, families, and weekend travelers. Its intimate scale allows for a personalized guest experience while supporting operational flexibility for ownership.
The property's central location provides convenient access to dining, shopping, skiing, snowboarding, hiking, biking, boating, and fishing, positioning the asset to benefit from the area's established tourism economy. Surrounded by the natural beauty of the San Bernardino Mountains, Hillcrest Lodge combines a tranquil setting with accessibility to the region's primary demand drivers.
Offered at $1,850,000, the property reports gross annual income of $201,000 and a stated cap rate of 7%. The site encompasses approximately 21,363 square feet and includes 15 surface parking spaces. With a combination of hospitality income, established lodging operations, and a location within a highly visited recreational market, Hillcrest Lodge offers investors the opportunity to acquire a lodging asset in a destination known for year-round visitor demand and outdoor tourism.
Property Facts
| Price | $2,549,300 CAD | Lot Size | 0.49 AC |
| Price Per Room | $196,100 CAD | Building Size | 5,526 SF |
| Sale Type | Investment | No. Rooms | 13 |
| Cap Rate | 7% | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1960 |
| Property Subtype | Hotel | Parking Ratio | 2.71/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | C-3 - General Commercial | ||
| Price | $2,549,300 CAD |
| Price Per Room | $196,100 CAD |
| Sale Type | Investment |
| Cap Rate | 7% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.49 AC |
| Building Size | 5,526 SF |
| No. Rooms | 13 |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 2.71/1,000 SF |
| Corridor | Exterior |
| Zoning | C-3 - General Commercial |
Amenities
- Balcony
- High Speed Internet Access
- Patio
- Public Access Wifi
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 13 | $243.91 CAD | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0307-184-11 | Improvements Assessment | $1,252,856 CAD |
| Land Assessment | $211,273 CAD | Total Assessment | $1,464,130 CAD |
Property Taxes
Parcel Number
0307-184-11
Land Assessment
$211,273 CAD
Improvements Assessment
$1,252,856 CAD
Total Assessment
$1,464,130 CAD
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Hillcrest Suites & Cabins | 40241 Big Bear Blvd
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