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Ambassador Lake Tahoe 4130 Manzanita Ave 58 Pièce Hôtel South Lake Tahoe, CA 96150 10 949 615 $ CAD (188 786 $ CAD/Pièce)



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FAITS SAILLANTS DE L'INVESTISSEMENT
- Ideal Location: The property is located steps from Heavenly Village, Heavenly Ski Resort, and the shores of Lake Tahoe
- Value-Add Opportunity: The offering presents multiple avenues for growth through more extensive interior renovations as well as operational upside
- Opportunity Zone Benefits: The property is located within a federally designated Opportunity Zone, offering tax incentives to future investors
- Recent Capital Investment: Over the past five years, ownership spent approximately $1.65 million on improvements to preserve the life of the property
- High Barriers to Entry: South Lake Tahoe presents significant barriers to new development including limited land availability and strict zoning
RÉSUMÉ DE L'ANNONCE
PRICED TO SELL: $7,950,000 or $137K Per Key
NAI Tahoe Sierra, as exclusive advisor to the Seller, is pleased to offer the opportunity to purchase a fee simple interest in Ambassador Lake Tahoe ("The Property"), a 57-key vintage hotel situated on 1.03 acres in the heart of South Lake Tahoe.
Originally built it 1966, the property has undergone recent capital improvements while preserving its retro charm. Ownership shut down bookings during the COVID-19 pandemic, utilizing the time off to address long-term deferred maintenance such as replacing the roof, windows, and boilers, and has only recently resumed operations. Amenities include a swimming pool, lobby, ample parking spaces, and original signage overlooking Manzanita Avenue. Most importantly, the Property is conveniently located in the Tourist Core, a short walk to both the beaches of Lake Tahoe as well as Heavenly Village, providing convenient access to world class outdoor recreation and plentiful options for shopping, dining, and nightlife.
The offering represents an opportunity to acquire a unique hotel in the most desirable and supply constrained submarket of South Lake Tahoe. Significant value-add potential remains for more comprehensive interior renovations and operational enhancements.
NAI Tahoe Sierra, as exclusive advisor to the Seller, is pleased to offer the opportunity to purchase a fee simple interest in Ambassador Lake Tahoe ("The Property"), a 57-key vintage hotel situated on 1.03 acres in the heart of South Lake Tahoe.
Originally built it 1966, the property has undergone recent capital improvements while preserving its retro charm. Ownership shut down bookings during the COVID-19 pandemic, utilizing the time off to address long-term deferred maintenance such as replacing the roof, windows, and boilers, and has only recently resumed operations. Amenities include a swimming pool, lobby, ample parking spaces, and original signage overlooking Manzanita Avenue. Most importantly, the Property is conveniently located in the Tourist Core, a short walk to both the beaches of Lake Tahoe as well as Heavenly Village, providing convenient access to world class outdoor recreation and plentiful options for shopping, dining, and nightlife.
The offering represents an opportunity to acquire a unique hotel in the most desirable and supply constrained submarket of South Lake Tahoe. Significant value-add potential remains for more comprehensive interior renovations and operational enhancements.
FAITS SUR LA PROPRIÉTÉ
| Prix | 10 949 615 $ CAD | Nombre de pièces | 58 |
| Prix par chambre | 188 786 $ CAD | Nombre d’étages | 2 |
| Type de vente | Investissement | Année de construction/rénovation | 1966/2022 |
| Type de propriété | Services hôteliers | Location | Unique |
| Sous-type de propriété | Hôtel | Ratio de stationnement | 0,69/1 000 pi² |
| Classe d’immeuble | C | Corridor | Extérieur |
| Taille du lot | 1,05 AC | Zone de développement économique |
Oui
|
| Taille du bâtiment | 42 729 pi² | ||
| Zonage | TC | ||
| Prix | 10 949 615 $ CAD |
| Prix par chambre | 188 786 $ CAD |
| Type de vente | Investissement |
| Type de propriété | Services hôteliers |
| Sous-type de propriété | Hôtel |
| Classe d’immeuble | C |
| Taille du lot | 1,05 AC |
| Taille du bâtiment | 42 729 pi² |
| Nombre de pièces | 58 |
| Nombre d’étages | 2 |
| Année de construction/rénovation | 1966/2022 |
| Location | Unique |
| Ratio de stationnement | 0,69/1 000 pi² |
| Corridor | Extérieur |
| Zone de développement économique |
Oui |
| Zonage | TC |
COMMODITÉS
- Accès Internet à haute vitesse
- Patio
- Accès Wi-Fi public
- Sans fumée
PIÈCE RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE DE PIÈCES | TAUX QUOTIDIEN | pi² |
|---|---|---|---|
| Guest Room | 58 | 276,84 $ CAD | - |
1 1
Bike Score®
Très cyclable (72)
Impôts fonciers
| Numéro de lot | 029-051-020-000 | Évaluation des bâtiments | 2 000 569 $ CAD |
| Évaluation du terrain | 1 127 563 $ CAD | Évaluation totale | 3 128 132 $ CAD |
Impôts fonciers
Numéro de lot
029-051-020-000
Évaluation du terrain
1 127 563 $ CAD
Évaluation des bâtiments
2 000 569 $ CAD
Évaluation totale
3 128 132 $ CAD
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Ambassador Lake Tahoe | 4130 Manzanita Ave
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