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The Blue Bear Lodge 560 Edgemoor Rd

5 Room Hotel Big Bear Lake, CA 92315 $1,439,267 CAD ($287,853 CAD/Room)

INVESTMENT HIGHLIGHTS

  • The Blue Bear Lodge is an independent Big Bear Lake lodging hospitality asset offering five guest suites.
  • The vacation rentals have been recently renovated, and there is ample parking for guests and an outdoor relaxation area.
  • In a great location just a few blocks from a marina and a few minutes from Big Bear’s inviting village area.
  • All cabins feature one bedroom plus kitchen, living/dining room, and fireplace and are fully furnished.

EXECUTIVE SUMMARY

Welcome to the one-of-a-kind investment opportunity to acquire the Blue Bear Lodge, a scenic and beloved vacation destination in Big Bear Lake, CA. The five-unit lodge is in the heart of Big Bear Lake, adjacent to the lake, Downtown, and both local ski resorts. There are four one-bedroom/ one-baths and one two-bedroom/one-bath unit. Cabin #1 is twice as large and great for large party vacation enjoyment, a second home, or a new residence. The entire property was recently renovated in the interiors and received a new roof and a new driveway. The large outside space could accommodate a firepit, BBQ, and other amenities for further value-add.

Seller financing options are available.

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Price $1,439,267 CAD
Price Per Room $287,853 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.17 AC
Building Size 2,395 SF
No. Rooms 5
No. Stories 1
Year Built/Renovated 1963/2021
Parking Ratio 3.76/1,000 SF
Corridor Exterior

AMENITIES

  • High Speed Internet Access
  • Patio
  • Boutique/Lifestyle Hotel
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 5 $211.19 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0307-201-03
Land Assessment
$212,865 CAD (2024)
Improvements Assessment
$1,099,803 CAD (2024)
Total Assessment
$1,312,668 CAD (2024)

ZONING

Zoning Code Commercial-Visitor (Property is classified as a hotel/motel and does not conform to Big Bear Lake city regulations regarding occupancy, parking and limit of two STR.)
Commercial-Visitor (Property is classified as a hotel/motel and does not conform to Big Bear Lake city regulations regarding occupancy, parking and limit of two STR.)
  • Listing ID: 33748556

  • Date on Market: 2024-11-04

  • Last Updated:

  • Address: 560 Edgemoor Rd, Big Bear Lake, CA 92315

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