953 Park Avenue
South Lake Tahoe, CA 96150
$3,777,000
Description
953 Park Avenue,
South Lake Tahoe,
CA
96150
RARE. Seller will finance! Terms: 3 year term, interest rate 1st year 6%, 2nd yr. 8%, 3rd yr 9.7%. Motel property located in the best location in South Lake Tahoe. Walking distance to all casinos,Lake Tahoe and beaches, Edgewood golf course and Heavenly Valley Ski area gondola close by. Summer activities, entertainment, multiple restaurants, shopping, movies. Everything the traveler could want without needing a car. 13 hotel units plus 2 separate living units. The upstairs living unit could be another hotel rental unit with a kitchen, bedroom and living room. A savvy buyer could really increase the business. Rooms are in good condition and the motel is turn-key ready.
This is an Active listing.
Broker Office Phone Number: 530-541-0200
Copyright © 2024South Tahoe Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: RE/MAX Gold - SLT via Data Source: South Tahoe Association of REALTORS®
Price History
date | price | variance | type |
---|
9/4/2024 | $3,777,000 | 5.03 % | decreased |
7/12/2023 | $3,977,000 | - | Listed |
listing agent: Lloyd Aronoff