United StatesCaliforniaBig Bear Lake40211 Big Bear Boulevard

40211 Big Bear Boulevard
40211 Big Bear Boulevard Big Bear Lake, California 92315 United States

$1,850,000
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8 Unit apartment and/or lodge buildings with one additional separate office space with bathroom. on Big Bear Blvd. Close to lake, and restaurants and mountain for ski. Currently lease for all for apartments, but convertible to lodge anytime if...
$1,850,000
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.32 Acres
Exterior
Residential Income
Property type
1948
Year Built
21768038
Web Id
21768038
MLS ID
Bear Valley Unified
School District
55
days ago

About 40211 Big Bear Boulevard

8 Unit apartment and/or lodge buildings with one additional separate office space with bathroom. on Big Bear Blvd. Close to lake, and restaurants and mountain for ski. Currently lease for all for apartments, but convertible to lodge anytime if buyer wants. Currently fully occupied except one unit for owner usage. Unit #5 is office space with 1/2 bathroom with laundry room. Unit 7 with 2 bed/1bath is owner occupied. Owner will move out after sales of property. For more information, download and read the attached Offering Memorandum. Currently actual CAP is 3.4 due to vacant unit. Pro Forma GRM is 14.14 and Pro Forma CAP is 4.9% if all units are leased.

Listing Courtesy of Steven Kwak, Realtex Properties, 02032570, Active

Amenities

  • Carpet
  • Dishwasher
  • Refrigerator
  • Courtyard

features

Parking
Driveway

PROPERTY INFORMATION

Appliances
Barbecue, Dishwasher, Disposal, Gas Range, Refrigerator
Parking Description
Driveway Down Slope From Street, Driveway
View
Courtyard, Mountain(s)

INTERIOR

Flooring
Carpet

ADDITIONAL INFORMATION

Number of Units
8
Contact Agent