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Property profile & analytics
FOR SALE
Hotels
663 Old Mammoth Rd Mammoth Lakes, CA 93546
Entity Owned
Property ID
US09-3622206
For Sale
1 / 35
$16,995,000
663 Old Mammoth Rd, Mammoth Lakes, CA 93546
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Property summary
AI-generated overview
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
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1970
Construction
WOOD
Total area
15,877 SF
Lot
0.78 ac (33,976 SF)
Zoning code
OMR
APN
035-170-025-000
UPID
US09-3622206
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.64M
Owner & transaction history
Mammoth Hotel Associates LLC
Mammoth Hotel Associates LLC
since 2025
2 recorded transactions
Zoning & alternative use
OMR · Mammoth Lakes, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mammoth Lakes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mammoth Lakes submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$166 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$76,378
Tax year 2024
Assessed value
$6,491,843
Assessed 2024
Previous assessed
$6,491,843
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,399,860
Assessed improvement
$5,091,983
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
For Sale
Year built
1970
Construction
WOOD
Heating
FORCED AIR
Stories
4
Rooms
31
Bathrooms
2
Total area
15,877 SF
Lot
0.78 ac (33,976 SF)
Zoning code
OMR
APN
035-170-025-000
UPID
US09-3622206
Jurisdiction
MONO
Zoning & alternative use
OMR · Mammoth Lakes, CA
Zoning OMR · permitted uses
OMR · Mammoth Lakes, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mammoth Lakes. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
WOOD
Heating
FORCED AIR
Stories
4
Rooms
31
Bathrooms
2
Lot
0.78 ac
Current owner
From public records · entity-resolved
Mammoth Hotel Associates LLC
Entity
Mailing address
PO BOX 129, MAMMOTH LAKES, CA 93546-0129
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2025
—
Mammoth Hotel Associates LLC
—
Deed
related
$5,000,000 · California Bank Of Commerce NA
Mar 26, 2019
—
Mammoth Hotel Associates LLC
—
Trustees Deed
related
$5,000,000 · Farmers & Merchants Bk/lng Bch
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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