663 Old Mammoth RdMammoth Lakes, CA 93546

  • Hospitality properties
  • 15,877 SF
For Sale
$18,000,000 View listing

Property Details for 663 Old Mammoth Rd

Year built
1970
Construction
WOOD
Lot size
0.78 AC
Property size (Sq ft)
15,877 SF
Zone code
OMR
Property type
Hospitality properties
Property subtype
Hotels
APN
035-170-025-000
APU
35170025000

Description

This exceptional 44-key hotel in Mammoth Lakes, California, presents a lucrative investment opportunity. The property boasts three buildings, each two stories high, and includes 26 existing rooms and 18 newly constructed luxury villas, also available for sale as individual condominiums. The hotel enjoys a 68.5% occupancy rate, generating an average rent per key of $409,091, resulting in a 9.78% cap rate (9.42% pro-forma). The asking price is $18,000,000. Amenities include an indoor spa with a jacuzzi, European dry sauna, and steam room

663 Old Mammoth Rd, Mammoth Lakes, California

Location Insight

City
Mammoth Lakes
County
Mono
State
California
Latitude
37.6365
Longitude
-118.966

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$76,378
$1,399,860
$5,091,983
$6,491,843
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