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Inn at Heavenly





Location: 1261 Ski Run Blvd. 
South Lake Tahoe, CA  96150
Contact: Paul Gardner  
First Resorts Management Group
PO Box 4827
Stateline NV 89449
Contact Telephone: 530-545-0508
Contact Toll Free: n/a
Contact Fax: 775-589-6056
URL: http://innatheavenly.com
email: info@lakevillageresort.com
Owner(s): Paul Gardner
Business Established: 1/01/1990
Affiliation: CABBI
 

Description: The Inn at Heavenly is an exceptional opportunity for an individual or couple looking to operate a turnkey lodge and vacation rental business in beautiful Lake Tahoe, California. The inn is located at 1261 Ski run Blvd., South Lake Tahoe's premier street on the way to Heavenly Ski Resort. Were just 6 blocks up from the Lake/Marina and 1.5 miles to the Casinos, shopping and nightlife.

Site: The inn sits alongside our gorgeous landscaped recreational park with towering pines, log wedding gazebo, event tents, log swings and benches, barbeques as well as including seating and tables for events up to 150 guests.

Structure: The inn has 14 individually themed rooms offering private baths, river rock gas fireplaces and fully equipped kitchenettes. Guests enjoy expanded continental breakfast in the mornings and wine and cheese in the evenings in our gathering room. The inn also offers guests private daily one-hour access to the spa facility and complimentary bicycle and kayak use.

Offering: The inn is broken down into 2 guest buildings to include spa room and massage room, an office/gathering room/ kitchen/bath area, decks and patios off same, a new log gazebo with interlock patio, 1 permanent tent structure w/concrete flooring and various maintenance and storage sheds. All furniture, fixtures and equipment included. Four Vacation Rental Management contracts included (on site) adding excellent growth and income potential. All company identity and online/offline marketing rights and materials included. List Price: $1.25 mil. Owner may finance w/ $650k down.

Also available for sale are two buildable lots with allocations to build, adding incredible development potential as builder/manager. Broker Co-Op.
 

Financial information:

  • Occupancy:  58%
  • Average daily rate (ADR): $127.00 Inn / $295.00 Cabins
  • Income from room sales: $400,000
  • Property Taxes: See agent
  • Personal Property Taxes: See agent
  • Electricity: See agent
  • Water and Sewer: See agent
  • Natural Gas: See agent
  • Insurance: See agent

  •  
Total Major Utilities, Taxes, & Insurance: See agent

Special Note: n/a


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