Park Avenue, South Lake Tahoe, CA 96150

Property Description

RARE Seller Financing Opportunity!Terms: 3-year term with interest at 6% for Year 1, 8% for Year 2, and 9.7% for Year 3.Exceptional motel property located in one of the best areas of South Lake Tahoe! Just steps from the lake, beaches, casinos, Edgewood Golf Course, and the Heavenly Gondola. Guests can enjoy easy access to summer recreation, world-class skiing, shopping, dining, entertainment, and more, all without ever needing a car.The property features 13 hotel units plus 2 separate living units, offering flexibility and income potential. The upstairs living unit includes a full kitchen, bedroom, and living area, ideal for an owner's unit or conversion to an additional rental suite. Four of the units feature separate bedrooms, and five are spacious king rooms.This turnkey motel is well-maintained and ready for operation, with incredible potential for a savvy buyer to elevate performance and revenue.Major price improvement of $1,000,000, don't miss this rare opportunity in a prime South Lake Tahoe location!