1072 Ski Run Boulevard,
South Lake Tahoe,
CA
96150
Welcome to Alder Inn, a boutique hotel near Lake Tahoe's South Shore, and Heavenly Mountain Ski Resort. Offered at $5.79M with an actual CapRate of 9% and a supporting ProForma Cap of 11%+. We have additional financials, photos, and STR reports available to any qualified buyer upon request.Spanning 9,600 square feet, Alder Inn boasts 26 updated units. The layout includes 12 Single Kings, 5 Single Queens, 6 Double Queens, and 1 ADA accessible Single Queen. Additionally, a versatile Manager's Unit offers potential for future rental either as a spacious 3-bedroom, 2.5-bathroom unit or two separate units, adding to its functionality.Alder Inn has recent upgrades including: new TVs in 15 rooms, stylish flooring renovations, and air conditioning in all upstairs units. The manager's unit features a new deck, and the property boasts an upgraded lawn area perfect for summer activities.Alder Inn is a turn-key operation, active on major booking platforms, ensuring a smooth transition for new owners looking to manage and grow this thriving business.Value Add Opportunities: Reimagine the pool and spa area, create a lively space for guest to enjoy outdoors, expanding on the already existing resort feel of the property.Discover the Alder Inn, a unique investment opportunity that stands out in the hospitality market for its perfect mix of location, varied accommodations, recent upgrades, solid financials, and operational readiness.
This is an Active listing.
Broker Office Phone Number: 530-645-2777
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