40211 Big Bear BLVD Big Bear, CA 92315

8 Unit apartment and/or lodge buildings with one additional separate office space with bathroom. on Big Bear Blvd. Close to lake, and restaurants and mountain for ski. Currently lease for all for apartments, but convertible to lodge anytime if buyer wants. Currently fully occupied except one unit for owner usage. Unit #5 is office space with 1/2 bathroom with laundry room. It is 8 unit apartment, but office has #5 on the door. Unit #6 is vacant very recently, and can be lease beginning of escrow if the buyer would want. Unit #7 with 2 bed/1bath is owner occupied. Owner will move out after sales of property. For more information, download and read the attached Offering Memorandum. Currently actual CAP is 4.57 due to vacant unit which are intentionally vacant and one unit is owner user. Many people want to move in. Pro Forma GRM is 13.23 and Pro Forma CAP is 5.36% if all units are leased.