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Big Bear Lake

908 Pine Knot, Big Bear Lake, CA 92315  |  MLS #2120737  | Virtual Tour #857234


LIVE AND WORK IN PARADISE. OUTSTANDING CABIN RESORT IN THE HEART OF BIG BEAR LAKE. FEATURING 9 CABINS ON 2 ACRES. 5 MIN WALK TO THE VILLAGE, 5 MIN WALK TO THE TRAILS & A 15 MIN WALK TO THE LAKE. CABINS HAVE INOOR SPAS & WOOD BURNING FIREPLACES. ZONED FOR 15 ADDITIONAL CABINS.VERIFY WITH THE CITY. VERY HIGHLY RATED ON YELP, AND TRIP ADVISOR. WELL ESTABLISHED CABIN RESORT LOCATED IN A WONDERFUL AND QUIET AREA AND YET YOU ARE WITHIN A 5 MINUTE WALK TO GREAT RESTAURANTS AND SHOPPING. 9.2% CAP RATE; 5.4 GROSS RENT MULTIPLIER; 64.4$ OCCUPANCY RATE (GREAT FOR BIG BEAR). INCOME INCREASED EVERY YEAR EVEN IN A BAD ECONOMY. YOU COULD LEAVE IT AS IS WITH PLENTY OF OPEN SPACE FOR SLEDDING, ETC..., OR ADD 15 MORE CABINS AND SUBTANTIALLY MORE INCOME. THIS PROPERTY COMES WITH A GREAT VACATION RENTAL BUSINESS THAT CAN EASILY BE EXPANDED FOR OUTSTANDING INCOME. 2 HOURS FROM LOS ANGELES AND ORANGE COUNTY, 2 1/2 HOURS FROM SAN DIEGO AND 3 1/2 HOURS FROM LAS VEGAS. THIS PROPERTY IS AT 7,000 FT ELEVATION.

  • $1,749,000
  • 4,800 sq. ft.
For more information, contact:
Larbi Loucif

Larbi Loucif

RE/MAX Big Bear
(909) 856-5470
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http://video.tourfactory.com/mp4/00/00/85/72/857234.mp4

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