Running Springs, CA 92382,32075 Hilltop DR
$925,000
Est.Price: ?

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0.59 Acres Lot

32075 Hilltop DR Running Springs, CA 92382

Est. payment /mo
SOLD DATE : 03/03/2022

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Key Details

Sold Price $925,000

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

MLS Listing ID EV21178167

Year Built 1966

Lot Size 0.587 Acres

Property Sub-Type Hotel/Motel

Property Description

A UNIQUE OPPORTUNITY TO OWN ONE OF RUNNING SPRINGS MOST PROFITABLE INCOME GENERATING BUSINESSES. PLEASE DO NOT DISTURB TENANTS! (TENANTS ARE UNAWARE OF SALE).
SHERWOOD ARMS MOTEL - Ten Private Units in the heart of the small mountain town of Running Springs. A separate adjacent vacant lot (.25 acres) is included in the price! Currently all units are rented to long term tenants on month to month lease agreements. All units are currently occupied. Many upgrades were made throughout the property including dual pane windows and roofing. All rooms enjoy a view of the tree tops, starry skies & large private yard. Located in town near Jensens market, post office, and local dining. Easy driving access from Hwy 330 & Hwy 18. Ski resorts are only 5 miles up the road. Most units have private outdoor space including decks or patios. All units include water, gas, electricity, trash removal, cable television and high speed internet service. Listing Agents are Officers of the Corporation of Ownership. Running Springs is 8 miles from Lake Arrowhead and 15 miles to Big Bear Lake.

Location

State CA

County San Bernardino

Area 288 - Running Springs

Building/Complex Name SHERWOOD ARMS MOTEL

Interior

Heating Fireplace(s), Wall Furnace

Cooling None

Laundry None

Exterior

Community Features Park

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Asphalt

Building

Lot Description Corner Lot, Near Park, Near Public Transit, Street Level, Trees

Story 2

Water Public

Others

Acceptable Financing Cash to New Loan, Conventional, Owner May Carry

Listing Terms Cash to New Loan, Conventional, Owner May Carry

Special Listing Condition Standard

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CRMLS – RECore
Listed by PATRICK KENNEDY RE/MAX LAKESIDE 760-844-2146
Bought with Maricela Smith Maricela Smith, Broker

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