Listed by Marcus & Millichap - Encino
$16,995,000
The Mammoth Creek Inn
Details
Property Type Hospitality
Sub Type Hotel
Keys 44
Cap Rate 9.78%
Occupancy 68.5%
Pro-Forma Cap Rate 9.42%
Buildings 3
Stories 2
Ownership Fee Simple
44 Key Hotel that includes 12 brand new condos
Marketing description
The Nevarez Group of Marcus & Millichap’s National Hospitality Division has been exclusively engaged to sell the fee simple interest of the 44 rooms total of the Mammoth Creek Inn. The Mammoth Creek Inn is undergoing an exciting expansion with the addition of 12 luxurious villas, which can also be sold separately as condominiums. With a total of 44 rooms, including the original 26 keys and the newly developed villas that have 18 rooms, the inn is poised to offer an enhanced experience to its guests.
The new rooms seem to be designed with a focus on luxury and comfort, featuring designer amenities, kitchens, balconies, and even accommodations for canine guests, which can appeal to a wide range of travelers.
This expansion project represents an exciting opportunity for both the seller and potential buyers, offering the chance to acquire a well-established hospitality property with added value from the new villa development.
The Mammoth Creek Inn, situated in the picturesque setting of Mammoth Lakes, serves as a cherished destination for travelers seeking the beauty and adventure of the Eastern Sierra region. With its rich history spanning nearly four decades, the inn has become a hallmark of hospitality in the area.
Conveniently located near Mammoth Mountain and accessible via scenic U.S. Highway 395, the inn offers a welcoming retreat for guests throughout the year. Whether visitors are drawn to the area for skiing and snowboarding on Mammoth Mountain, exploring Yosemite National Park, or indulging in various outdoor activities such as fishing, hiking, and mountain biking, the Mammoth Creek Inn provides a comfortable base for their adventures.
Additionally, the Mammoth Creek Inn continues to prioritize guest convenience with complimentary shuttle service to and from the Mammoth-Yosemite Airport, further enhancing the overall experience for visitors.
As the inn enters its next chapter with the completion of the development project, it remains dedicated to upholding its legacy of providing a home away from home for travelers seeking the best of Mammoth Lakes and the surrounding High Sierra region.
Investment highlights
- Relaxing Indoor Spa: Jacuzzi, European Dry Sauna,
- Steam Room
- Fitness Room
- Enchanting Lobby with Large Fireplace
- 2nd floor Study-Sitting Room with Wood Burning Stove
- Trendy Billiard Room with Flat Screen HD TV
- Complimentary Ski & Snowboard Storage
- Just steps to Mammoth Creek
- Convenient to Free Trolley and Bus Stops
- Flat Screen HD Televisions in each Room
Listing Contacts
Listed by Marcus & Millichap - Encino
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