Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

8

Building size

5,000 sqft

Lot size

28,370 sqft

Year built

1942

Stories

1

Garage spaces

0

Heating

Wall Furnace,Central

Cooling

None

Pool

None

View

None

Status

Active

Days on market

0

MLS #

241877457

About this property

Located in the San Bernardino Mountains between Lake Arrowhead and Big Bear, this property is licensed and registered as MOTEL in the County of San Bernardino however, operates as multi-family. Units mostly consist of individual 1 bedroom/1 bathroom cabins and all units are currently rented month-to-month. Originally building in the 1940’s this property consists of 1 main house with 3 bedroom and 2.5 bathrooms, there is an attached office and 2 attached studio units below, plus 5 stand-alone cabins. For additional revenue, there is a coin-op laundry on site. This sits on a large street-to-street property with room for expansion. All units are well maintained with updates and are currently rented and property is professionally managed. Live in the main house and enjoy the revenue from the units to cover your living expenses or operate as a nightly motel. Great Cash Flow - Lots of potential. Easy commuter location on Hwy 330 and close to SkyPark at Santa's Village and Snow Valley Skiing.

Location

2726 View Drive

Running Springs, San Bernardino, CA, 92382