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31777121
31777142

40105 Big Bear Blvd, Big Bear Lake, CA 92315

MK
CA 02116107
RE/MAX Big Bear Real Estate
Listed by RE/MAX Big Bear Real Estate
$1,200,000
45 days on market
Updated 41 days ago

Fox N Bear Cottages

Details
APN 0307-197-06-0000 / 0307-197-07-0000
Property Type Hospitality
Sub Type Hotel
Square Footage 3,378
Keys 9
Beds 30
Cap Rate 11.67%
NOI $140,000
Pro-Forma Cap Rate 17.5%
Pro-Forma NOI $210,000
Price per SqFt $355
Year Built 1950
Year Renovated 2
Buildings 8
Stories 2
Lot Size (SqFt) 18,846
Zoning R1 & C3
Parking Spaces 12 spaces
Parking Per SqFt 3.55
Investment Type Owner/User
Sale Condition For sale by owner

Big Bear Lake, Ca Investment Property ( FOX N BEAR COTTAGES )

Marketing description

PRICE JUST REDUCED!! “Do not miss out on this Amazing TURNKEY commercial lodging investment property Situated near the heart of Big Bear Lake”. Known as the Fox N Bear Cottages, it boasts a 18,846 sq ft lot with 9 recently upgraded units that are fully furnished and include kitchens, bathrooms, AC & Heating with some units having a cozy fireplace for those cold winter nights! and a heated driveway for those snowy days. Its prime location is minutes from Big Bear Lake, The Village, ski slopes and shopping! This Great Property will not last long with the ski resorts opening up and lots of people looking for affordable lodging close to everything they love about Big Bear Lake, Ca

Investment highlights

PRICE JUST REDUCED!! “Do not miss out on this Amazing TURNKEY commercial lodging investment property Situated near the heart of Big Bear Lake”. Known as the Fox N Bear Cottages, it boasts a 18,846 sq ft lot with 9 recently upgraded units that are fully furnished and include kitchens, bathrooms, AC & Heating with some units having a cozy fireplace for those cold winter nights! and a heated driveway for those snowy days. Its prime location is minutes from Big Bear Lake, The Village, ski slopes and shopping! This Great Property will not last long with the ski resorts opening up and lots of people looking for affordable lodging close to everything they love about Big Bear Lake, Ca

Listing Contacts

MK
CA 02116107
RE/MAX Big Bear Real Estate
Listed by RE/MAX Big Bear Real Estate

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$140,000.00
$11,666.67/mo

Valuation Metrics

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DSCR
11.67%
Cap Rate
11.67%
ROI

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Additional Information

Name
Michael Kreuz
License
02116107
Brokerage
ReMax Big Bear
Title
Real Estate Sales Person
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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