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41121 Big Bear Boulevard

Marcus & Millichap Arranges Sale Of 60-Room Black Forest Lodge In Big Bear Lake
SOLDHotel

Marcus & Millichap Arranges Sale Of 60-Room Black Forest Lodge In Big Bear Lake

41121 Big Bear Boulevard

Building Size

Asset Type

Hotel

Closing

Jan 30, 2025

AI

The 60-room Black Forest Lodge, located at 41121 Big Bear Boulevard in Big Bear Lake, is situated on 2.9 acres and features 2,300 square feet of retail space, a heated pool, and RV parking. The transaction represents a significant addition to the local hospitality market.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: Undisclosed
  • Address: 41121 Big Bear Boulevard - Black Forest Lodge
  • Market: Big Bear Lake
  • Keys: 60
  • Acres: 2.9

Allan Miller, Christian Apt, Christopher Gomes, Mario Alvarez Jr, Skyler Cooper, and Tony Solomon represented the transaction through the Miller-Gomes Hotel team at Marcus & Millichap, facilitating the deal between the undisclosed buyer and seller.

Players

Allan Miller

Marcus & Millichap

Broker

$162.9M

vol

51 deals

Broker
Newmark
NewmarkBrokerage

Big Bear Lake Hotel Market Snapshot

Boundary boundary · Hotel · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93