www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28651367
28651374

1072 Ski Run Blvd, South Lake Tahoe, CA 96150 For Sale

BZ
NV BS.145130
Marmot Properties, Llc
Listed by Marmot Properties, Llc
$4,895,000
244 days on market
Updated 4 days ago

Alder Inn - South Lake Tahoe 9.31% Cap Rate

Details
APN 027-123-023-000
Property Type Hospitality
Sub Type Hotel, Motel
Square Footage 9,600
Keys 25
Cap Rate 8.71%
NOI $426,564
Pro-Forma Cap Rate 8.71%
Pro-Forma NOI $426,564
Price per SqFt $510
Year Renovated 2017
Acreage 0.570
Zoning TC
Investment Type Stabilized

Hospitality | 25 Keys | $195,800/key

Marketing description

Alder Inn is a family-owned, 25-unit boutique property located on Ski Run Boulevard in the heart of South Lake Tahoe. Built in 1969, renovated in 2017, and meticulously maintained, the 9,600-square-foot inn sits on a 0.574-acre parcel just a five-minute walk from Lake Tahoe and Ski Run Marina. Heavenly Mountain Resort’s free ski shuttle stops directly at the entrance every 30 minutes.

Positioned within South Lake Tahoe’s most desirable visitor corridor, Alder Inn benefits from consistent year-round tourism driven by skiing, lake recreation, and destination events. Each of the 25 renovated rooms offers its own unique design, a private bath, and modern amenities including microwaves, mini-fridges, coffee and tea service, and Wi-Fi. The property features contactless check-in, 24/7 guest support, on-site parking, and inviting outdoor seating areas that create a comfortable mountain-lodge atmosphere. A strong online presence through its branded website and major booking platforms supports steady occupancy and guest visibility.

This turnkey boutique asset offers strong investment fundamentals supported by Tahoe’s four-season demand and walkable proximity to more than 20 restaurants, Ski Run Marina, and local attractions. There is room for ADR and revenue growth through enhanced amenities and increased direct bookings. Located one mile from Stateline’s casinos and nightlife with easy access to U.S. Highway 50 and the Reno-Tahoe International Airport, Alder Inn attracts visitors year-round from the Bay Area, Sacramento, and international markets, making it a rare opportunity to acquire a proven performer in one of Tahoe’s most supply-constrained lodging markets.

Investment highlights

Prime Location: Just a 5-minute walk to Lake Tahoe and Ski Run Marina, with Heavenly’s free shuttle stopping at the entrance every 30 minutes

Turnkey Boutique Asset: 25 renovated rooms with modern amenities, contactless check-in, and a strong online presence for immediate operational ease.

Investment Strength: Consistent year-round occupancy from Tahoe’s four-season tourism and strong potential for revenue growth through direct bookings

Listing Contacts

BZ
NV BS.145130
Marmot Properties, Llc
Listed by Marmot Properties, Llc

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$426,564.00
$35,547.00/mo

Valuation Metrics

0
DSCR
8.71%
Cap Rate
8.71%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Brian Brockman
License
CA 02154562
Brokerage
Bang Realty
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591