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Listed by Brian L. Cohen • ARROWHEAD PREMIER PROPERTIES
$ 1,298,000
Est. payment | /mo
5,000 SqFt
$ 1,298,000
Est. payment | /mo
5,000 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $259
MLS Listing ID CREV24106201
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1942
Lot Size 0.651 Acres
Property Description
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 are all units are currently rented month-to-month. Originally building in the 1940’s this motel consists of 1 main house with 3 bedroom and 2.5 bathrooms, there is an attached office and 2 attached studio units, 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.
Location
State CA
County San Bernardino
Interior
Heating Wall Furnace, Other
Cooling None
Flooring Tile, Vinyl, Wood
Fireplace No
Laundry Community Facility, See Remarks
Exterior
View None
Building
Lot Description Other
Water Public
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