$89,000
4228 Marriott Grand Residence Club
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit. Permits are available citywide.
2 Beds
·
3.0 Baths
·
1,341 Sq Ft

About This Property

Enjoy the luxury of 13 weeks of carefree living at the incredible Marriott Grand Residence Club. You can have it today with this beautiful 2 bedroom, 3 bath lock-off residence with a balcony and Tahoe view! There is no better place to live in Stateline. The Heavenly Gondola is right out your front door for the optimum skiing convenience. Savor the finest dining, shopping and entertainment in the new Heavenly Village. The excitement of the Nevada casinos is only 2 blocks away! Quarter 3. See agent remarks for more.

Listed by Carl Thoms — Paradise Timeshare Resale

Listing Details

Status Active
MLS # 140593
Days on Market 400
Sold Date 1800-01-01
Price/Sq Ft $66

Property History

Sep 01, 2024
Listed for sale
$89,000
Property Overview
Beds 2
Baths 3.0
Sq. Ft. 1,341
Year Built 2002
Property Type Residential
Subdivision Grand Residence
Financial
HOA Fee $20,115 / Annually
HOA & Community
Community Amenities Pool, Sauna, Spa, Security, Other/See Remarks
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($17,800)
Home price
$89,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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