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Emerald Bay Lodge 735 Emerald Bay Rd 23 Room Hotel South Lake Tahoe, CA 96150 $4,857,279 CAD ($211,186 CAD/Room)
Investment Highlights
- 23 units for ample guest accommodations including managers unit outside bar and swimming pool
- Zoned for Town Center, offering diverse development opportunities
- Proximity to popular dining and entertainment options; Opportunity to capitalize on the thriving tourism industry
- The Emerald Bay Lodge Hotel has gone through extensive renovations starting in 2022
- Prime location in South Lake Tahoe, a sought-after tourist destination
Executive Summary
NAI Tahoe Sierra is pleased to present the Emerald Bay Lodge Lake Tahoe. The hotel has 23 rooms including managers unit, outside bar, and a swimming pool across 3 building stories with a Gross Building Area (GBA) of +/-6,628 square feet. The Emerald Bay Lodge Hotel has gone through extensive renovations starting in 2022. The renovations breathe new life into the property, enhancing its appeal and functionality for future guests and patrons. List of Capital Improvements that are completed: New Roof, New interior walls and ceiling finish and paint, New flooring, New interior lighting, New Bathrooms, New entry doors, new keyless locks, new high speed wireless internet and Cable service, Completely new furniture and bedding.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $4,857,279 CAD | Building Size | 6,628 SF |
| Price Per Room | $211,186 CAD | No. Rooms | 23 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1958 |
| Property Subtype | Hotel | Parking Ratio | 1.59/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.00 AC | ||
| Zoning | Town Center - Nestled in the heart of the Sierra Nevada mountains, the area offers access to world-class skiing, hiking, water sports, and nearby landmarks. | ||
| Price | $4,857,279 CAD |
| Price Per Room | $211,186 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 6,628 SF |
| No. Rooms | 23 |
| No. Stories | 1 |
| Year Built | 1958 |
| Parking Ratio | 1.59/1,000 SF |
| Corridor | Exterior |
| Zoning | Town Center - Nestled in the heart of the Sierra Nevada mountains, the area offers access to world-class skiing, hiking, water sports, and nearby landmarks. |
Amenities
- Pool
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 23 | $180.05 CAD | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 023-161-005-000 | Improvements Assessment | $905,415 CAD |
| Land Assessment | $288,081 CAD | Total Assessment | $1,193,496 CAD |
Property Taxes
Parcel Number
023-161-005-000
Land Assessment
$288,081 CAD
Improvements Assessment
$905,415 CAD
Total Assessment
$1,193,496 CAD
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Emerald Bay Lodge | 735 Emerald Bay Rd
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