Alder Inn Boutique
For Sale
$5,790,000
1072 Ski Run Boulevard, South Lake Tahoe, CA 96150
Near Lake Tahoe’s South Shore and Heavenly Mountain Ski Resort, with recent room and outdoor-area upgrades.
Property Size9,600 SF
Price / SF$603.13
Days on Market638
Property Features for 1072 Ski Run Boulevard
General Information
Standard status
Active
Size
9,600 SF
Property subtype
Commercial/Industrial
Financials
Asking Price
$5,790,000
Cap Rate
9%
Business Included
Yes
Amenities
pool
spa
lawn area
air conditioning
Building Details
Year Built
1969
Listing Agency:
Compass
(530) 545-0045
Listed By:
Ryan Steward Smith · License #02095506
(530) 545-0045
Source:
Exitrealty
Added: Nov 2, 2024
Changed: Jul 31
Last Checked: Jul 31 at 3:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
Alder Inn is a 9,600-square-foot hotel in South Lake Tahoe with 26 updated units. The property includes recent flooring renovations, new TVs in 15 rooms, and air conditioning in all upstairs units. A manager’s unit includes a new deck, while the upgraded lawn area provides outdoor space for summer activities.
Located near Lake Tahoe’s South Shore and Heavenly Mountain Ski Resort, the hotel operates as an active hospitality property on major booking platforms. The property was built in 1969 and includes an existing pool and spa area identified for potential reconfiguration. Financial performance is reported at a 9% actual CapRate, with a supporting ProForma Cap of 11%+.
Located near Lake Tahoe’s South Shore and Heavenly Mountain Ski Resort, the hotel operates as an active hospitality property on major booking platforms. The property was built in 1969 and includes an existing pool and spa area identified for potential reconfiguration. Financial performance is reported at a 9% actual CapRate, with a supporting ProForma Cap of 11%+.
Key Highlights
- 9,600‑square‑foot hotel with 26 updated units
- New TVs installed in 15 rooms
- Air conditioning in all upstairs units
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
524
Businesses Nearby
Explore this area
Business Placement
Demographics for 96150, CA
29,518
Population
23,472
Households
1.3
Avg Household Size
40
Median Age
39%
College-Educated
92%
High-School Grad
163.2 sq mi
ZIP Area
181
Density / Sq Mi
$83,738
Median Household Income
$45,582
Median Earnings
$1,497
Median Rent
$649,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Near Lake Tahoe’s South Shore and Heavenly Mountain Ski Resort, with recent room and outdoor-area upgrades.
Where is this hotel located?
The property is located at 1072 Ski Run Boulevard South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $5,790,000.
What are key features of this property?
This property features: 9,600‑square‑foot hotel with 26 updated units; New TVs installed in 15 rooms; Air conditioning in all upstairs units
