76 Alderman Street,  Mammoth Lakes CA, 93529 (Commercial)

Status: Active
MLS#: OC16750038
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Last Updated: 12/4/2016 12:15 PM
Description for 76 Alderman Street Mammoth Lakes, CA 93529
Charm, Location, a Property with Two Lots, Sleeps 38, a Current Business Income at 11.7% Cap Rate and Growth Potential! Silver Pines Chalet is a boutique hotel, located in the quintessential June Lake Village, just one block from June Lake, three short blocks to Gull Lake and less than one mile to June Mountain. Location is everything in the hotel business: Silver Pines Chalet is in the heart of the Eastern Sierras, located approximately 20 minutes from the eastern gate of Yosemite National Park, and other nearby local, national parks and monuments including Mono Lake, Bodie Ghost Town, Rainbow Falls, Devils Post Pile and Mt. Whitney, all worldwide attractions to millions of visitors each year. June Lake Village is direct in route for millions of domestic and international visitors, traveling to or from San Francisco, through Yosemite, Death Valley and Las Vegas. The success of Silver Pines Chalet is firmly based on their brand which represents a promise to guests that they are at their cozy, home away from home. Silver Pines Chalet provides the comforts of home, so that guests can focus on their play time in the Eastern Sierras, a small part of heaven for outdoor enthusiasts who love, hiking, biking, swimming, boating, horseback riding, rock climbing and in the winter months, ice climbing, skiing, snowboarding and sledding.
Price
$1,695,000
Mono
OC16750038
Active
Description
Charm, Location, a Property with Two Lots, Sleeps 38, a Current Business Income at 11.7% Cap Rate and Growth Potential! Silver Pines Chalet is a boutique hotel, located in the quintessential June Lake Village, just one block from June Lake, three short blocks to Gull Lake and less than one mile to June Mountain. Location is everything in the hotel business: Silver Pines Chalet is in the heart of the Eastern Sierras, located approximately 20 minutes from the eastern gate of Yosemite National Park, and other nearby local, national parks and monuments including Mono Lake, Bodie Ghost Town, Rainbow Falls, Devils Post Pile and Mt. Whitney, all worldwide attractions to millions of visitors each year. June Lake Village is direct in route for millions of domestic and international visitors, traveling to or from San Francisco, through Yosemite, Death Valley and Las Vegas. The success of Silver Pines Chalet is firmly based on their brand which represents a promise to guests that they are at their cozy, home away from home. Silver Pines Chalet provides the comforts of home, so that guests can focus on their play time in the Eastern Sierras, a small part of heaven for outdoor enthusiasts who love, hiking, biking, swimming, boating, horseback riding, rock climbing and in the winter months, ice climbing, skiing, snowboarding and sledding.
Listing Information
Property Type: General Commercial, Other
1965
Neighborhood
Room Information
Exterior / Lot Features
None
CL-H
Driving Directions
From CA-395 take CA-158 (June Lake Loop), right on Knoll Ave., turn left on Alderman St. Destination will be on the right.
Financial Considerations
015105011000000
Listing Price History

Mammoth Lakes Real Estate

Mammoth Lakes is located in California. Mammoth Lakes, California 93529 has a population of 8,178.

The median household income in Mammoth Lakes, California 93529 is $59,972. The median household income for the surrounding county is $61,868 compared to the national median of $53,046. The median age of people living in Mammoth Lakes 93529 is 33.3 years.

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Courtesy: Berkshire Hathaway HSCP Miranda Sicre
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