RLR Investments purchased the 56-unit Big Bear Frontier hospitality facility at 40472 Big Bear Blvd. in Big Bear, CA, from Frontier Properties Inc. for $10.15 million or $181,250 per unit.
The Big Bear Frontier offers a mix of 32 freestanding cabins and a motel building with 24 rooms. Property is on 14.76 acres one block from Big Bear Lakes Village.
Jigar Patel of Marcus & Millichap represented the seller. Cindy Pearson of Gilligan Log Homes & Real Estate represented the buyer.
Please refer to CoStar COMPS #1397348 for more information on this transaction.