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
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