Main St, South Lake Tahoe, CA
Motel for Sale - $1,000,000
Property Info
| CIMLS# | 123503 |
| Location Main St South Lake Tahoe CA 96150 | |
| Updated | June 25th, 2010 |
| Type | Motel |
| Price | $1,000,000 |
Property Description
Bank REO 20 unit motel valued at $1.4M and asking $1M. Foreclosed. Oppt to purchase REO from bank. Ideal owner/operator. 2007 income $300k.
Financials
2007 income over $300k. Distress was due to management and lack of operating capital.