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Big Bear Frontier Complex Sells for $10M

Private Investor Acquires 56-Unit Hospitality Property
October 17, 2007
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.
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