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2312 Deep Creek DR Arrowbear, CA 92382
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Key Details
Sold Price $1,050,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 9,328 sqft
Price per Sqft $112
MLS Listing ID RS20148653
Sold Date 03/11/21
HOA Y/N No
Year Built 1989
Lot Size 0.807 Acres
Acres 0.8071
Property Sub-Type Hotel/Motel
Property Description
This beautiful wood frame 2-story motel has two parcel lots, APN #0327-089-35 & 36, each lot size is 17,789 sf. and 17,367 sf., total lot size is 35,156sf. total, 27 rooms motel, the built year 1989 and building size 9,328 s.f. on lot. Located on nearby HWY 18 and in the pine tree forest village in Running Springs and/or also known as Arrowbear or Arrowbear Lake, just before Big Bear downtown. The total room is 27 units, but actually, one room is using for storage and 26 units are available for guests.
There are two suites with kitchen and living rooms, 2 queen bedrooms, 8 double bedrooms, and 14 single bedrooms.
The selling price is included its motel business and all each room bed and its furniture & equipment. Upgraded most of rooms with new wood floors and most furniture and beds during the past 3 years. The motel has been owner absentee run (2 Full timer and 2 part time) for the last 3 years.There are many sales promotion potential and to build additional rooms. Please enjoy seeing the photos and video on this motel. The property is to be sold as "As-Is Condition". and seller's 1031 Tax Exchange sale condition.
Location
State CA
County San Bernardino
Area 288 - Running Springs
Zoning Commercial
Interior
Heating Wall Furnace, Natural Gas
Cooling Wall/Window Unit(s)
Laundry Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Washer Included
Exterior
Fence None
Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Roof Type Shingle
Building
Lot Description 21-25 Units/Acre, Gentle Sloping, Lot 20000-39999 Sqft, Paved
Story 2
Water Public
Others
Security Features Closed Circuit Camera(s),Resident Manager,Security Lights
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
Lease Land No
Confidential INFO
BAC 2.0
TERMS Cash,Cash To New Loan,Conventional,Owner Will Carry
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent,Property Manager
SHOW CONTACT NAME Jason Hong
SHOW CONTACT PH 213-500-7237
SHOW INSTRUCTIONS Please be sure that all any showings are to follow CAR best practice, PEAD and CDC social distancing programs. Call Agt Jason Hong with any questions or to schedule an appointment to see the property at 213-500-7237. Listing Broker, Broker's agent & seller do not represent or guarantee the accuracy of the square footage or other information concerning the conditions or features of this Motel including its motel business status.. Buyer is advised to independently verify the accuracy of all information through inspections by appropriate professionals. An experienced Manager of the motel is staying at a unit of the office (2 bed room) for 24 hours a day, 7 days a week. The manager will show it after confirm an appointment.
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Bought with Equity Smart Real Estate Services