Joel Tucker & Martin Agnew Acquire Hotel In Big Bear Lake For $1.13M
SOLD
$1,130,000
+ 1
California
See Similar DealsHotel2,340 SF
Sold 05/13/2022
SOLD
Joel Tucker & Martin Agnew Acquire Hotel In Big Bear Lake For $1.13M
449 Georgia Street, Big Bear Lake, California 92315, United States
See Similar DealsHotel2,340 SF
Sold 05/13/2022
+ 1
Summary
CALIFORNIA
Asset Type:Hotel
Price Per Square Foot:$482
Total Square Footage:2,340 SF
Transaction Type:Sale
The Hotel located at 449 Georgia St. in Big Bear Lake has been sold in a recent transaction. The property consists of 2,340 square feet and was sold for a price of $1,130,000. This translates to a price per square foot of $482. The sale took place on 05/13/2022.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $1,130,000
- Address: 449 Georgia St.
- Market: Big Bear Lake
The buyers of the property were Joel Tucker & Martin Agnew, while Lani Alexander acted as the seller. Martin Agnew and Ryan Serling from the Agnew-Serling Group represented the buyers, and Joseph Ferraro from Keller Williams served as the seller's representative in this deal.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$60,266.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,014.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,356.78
Annual Debt Service$64,281.32
Is there something missing? Send suggestions