Lake Tahoe is the jewel of the Sierras! A rare opportunity is being offered. 143 room motel on Lake Tahoe Blvd (U.S.Hwy 50) currently leased/operated by Motel 6. Plus 4,000+ sqft free standing restaurant. All on 4+ acres. Lots of options for this venture. Pure investment option of leasing to an operator or enjoy being the owner/operator and seize the opportunity to invest and live in the all season paradise that is Lake Tahoe. Potential abounds: maintain as affordable motel operation, upgrade the facility or it even has a potential for development as Work Force Housing. Outstanding exposure on Lake Tahoe Blvd (Highway 50).
A "V" next to any listing's price indicates that that the seller is willing to entertain offers within the Listing Price range. For example, a Price Range of $140,000-170,000 indicates the seller will entertain offers from $140,000 to $170,000. An "M" or an "S" next to any listing's price indicates that the terms of the listing agreement state that the Broker will not be providing any of a number of customary services. the offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules
#IDX-primaryPhoto,#idx-details-headerListed by: Century 21 Select Real Estate