Heavenly and Secrets Inn

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Address: 924 Park Ave, South Lake Tahoe, CA 96150, USA
Created date: January 22, 2024
Date last updated: July 9, 2024
  • NAI Tahoe Sierra is pleased to announce the offering of Heavenly and Secrets Inn in south Lake Tahoe CA.
  • This property consists of two motels with +/-41 keys contiguous including two (2) managers units on Park Ave.
  • The two properties went through an extensive remodel in 2021 allowing new owner to capture the upside of the upward trending market.
  • Heavenly Inn is a family- and pet-friendly hotel which contains spacious suites featuring kitchenettes, comfortable bedding and select rooms offer fireplaces and jetted tubs.
  • Secrets Inn is a romantic destination that exclusively welcomes couples. This is a no pets, no kids, and no noise before noon hotel.
  • The two hotels are situated in the Tourist Core of South Lake Tahoe which is also a federally designated Opportunity Zone.
  • The properties sit on the popular Park Ave street which is walking distance to beach, retail and restaurants, Heavenly Gondola and Village, Casinos, and in close proximity to Edgewood Golf Course and the newly constructed 6,000 person indoor event center.

Property Description

NAI Tahoe Sierra is pleased to announce the offering of Heavenly and Secrets Inn in south Lake Tahoe CA. This property consists of two motels with +/-41 keys contiguous which include two (2) manager units on Park Ave. Heavenly Inn is a family- and pet-friendly hotel which contains spacious suites featuring kitchenettes, comfortable bedding and select rooms offer fireplaces and jetted tubs. Secrets Inn is a romantic destination that exclusively welcomes couples. This is a no pets, no kids, and no noise before noon hotel. The two hotels are situated in the Tourist Core of South Lake Tahoe and on the popular Park Ave street which is walking distance to beach, retail and restaurants, Heavenly Gondola and Village, Casinos, and in close proximity to Edgewood Golf Course and the newly constructed 6,000 person indoor event center. The two properties went through an extensive remodel in 2021 allowing new owner to capture the upside of the upward trending market.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Hospitality
Price: $8,500,000
No. of Units: 41
Year Built: 1960
Lot Size: 0.84 Sq ft
Opportunity Zone: No
Price per unit: $207,317
Property Website Click Here
Address: Heavenly and Secrets Inn, 924-930 Park Ave., South Lake Tahoe, CA 96150, USA
Provided by:

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