Heavenly and Secrets Inn; South Lake Tahoe, CA
Hospitality | 41 Keys | $193,829/key
Marketing description
NAI Tahoe Sierra is pleased to announce the offering of Heavenly and Secrets Inn in south Lake Tahoe CA. This property consists of two motels with 39 keys and 2 managers units for 41 total units contiguous on Park Ave. Heavenly Inn is a family- and pet-friendly hotel which contains spacious suites featuring kitchenettes, comfortable bedding and select rooms offer fireplaces and jetted tubs. Secrets Inn is a romantic destination that exclusively welcomes couples. This is a no pets, no kids, and no noise before noon hotel.
The two hotels are situated in the Tourist Core of South Lake Tahoe and on the popular Park Ave street which is walking distance to beach, retail and restaurants, Heavenly Gondola and Village, Casinos, and in close proximity to Edgewood Golf Course and the newly constructed 6,000 person indoor event center.
The two properties went through an extensive remodel in 2021 allowing new owner to capture the upside of the upward trending market.
Investment highlights
- NAI Tahoe Sierra is Pleased to Announce the Offering of Heavenly And Secrets Inn in South Lake Tahoe Ca.
- This property consists of two motels with 39 keys and 2 managers units for 41 total units contiguous on Park Ave.
- The Two Properties Went Through an Extensive Remodel in 2021 Allowing New Owner to Capture the Upside of the Upward Trending Market.
- Heavenly Inn is a Family- and Pet-friendly Hotel Which Contains Spacious Suites Featuring Kitchenettes, Comfortable Bedding and Select Rooms Offer Fireplaces and Jetted Tubs.
- Secrets Inn is a Romantic Destination That Exclusively Welcomes Couples. This is a No Pets, No Kids, and No Noise Before Noon Hotel.
- The Two Hotels Are Situated in the Tourist Core of South Lake Tahoe Which is Also a Federally Designated Opportunity Zone.
- The Properties Sit on the Popular Park Ave Street Which is Walking Distance to Beach, Retail and Restaurants, Heavenly Gondola and Village, Casinos, and in Close Proximity to Edgewood Golf Course And the Newly Constructed 6,000 Person Indoor Event Center. Ws!
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