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$ 1,150,000
Est. payment | /mo
5 Beds
2 Baths
0.47 Acres Lot
$ 1,150,000
Est. payment | /mo
5 Beds
2 Baths
0.47 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID LC24210045
Bedrooms 5
HOA Y/N No
Lot Size 0.470 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Lakeport Royale Apartments 15 Royale Ave., Lakeport, Lake County. Seize this lucrative investment opportunity with a 12-unit apartment building in Lakeport. Featuring a mix of 11 desirable 2 bedroom/1 bath and 1 larger 3-bedroom 1 bath units. The building maintains an impressive 90% occupancy rate, with only one unit currently available for showing. Enjoy the convenience of nearby amenities, including grocery stores, shops, restaurants, public transportation, and the stunning Clear Lake within walking distance. Lakeport has witnessed a robust rental market, allowing low vacancies and steady rental demand in recent years. Don't miss out on adding this high-performing asset to your portfolio. Detailed rent roll, income, and expense information are readily available for your review. Make time now to explore this promising Lake County investment opportunity.
Lakeport Royale Apartments 15 Royale Ave., Lakeport, Lake County. Seize this lucrative investment opportunity with a 12-unit apartment building in Lakeport. Featuring a mix of 11 desirable 2 bedroom/1 bath and 1 larger 3-bedroom 1 bath units. The building maintains an impressive 90% occupancy rate, with only one unit currently available for showing. Enjoy the convenience of nearby amenities, including grocery stores, shops, restaurants, public transportation, and the stunning Clear Lake within walking distance. Lakeport has witnessed a robust rental market, allowing low vacancies and steady rental demand in recent years. Don't miss out on adding this high-performing asset to your portfolio. Detailed rent roll, income, and expense information are readily available for your review. Make time now to explore this promising Lake County investment opportunity.
Lakeport Royale Apartments 15 Royale Ave., Lakeport, Lake County. Seize this lucrative investment opportunity with a 12-unit apartment building in Lakeport. Featuring a mix of 11 desirable 2 bedroom/1 bath and 1 larger 3-bedroom 1 bath units. The building maintains an impressive 90% occupancy rate, with only one unit currently available for showing. Enjoy the convenience of nearby amenities, including grocery stores, shops, restaurants, public transportation, and the stunning Clear Lake within walking distance. Lakeport has witnessed a robust rental market, allowing low vacancies and steady rental demand in recent years. Don't miss out on adding this high-performing asset to your portfolio. Detailed rent roll, income, and expense information are readily available for your review. Make time now to explore this promising Lake County investment opportunity.
Location
State CA
County Lake
Area Lakeport (95453)
Zoning Assessor
Interior
Cooling Wall/Window
Appliance Baseboard
Exterior
Roof Type Composition
Building
Story 2
Others
Acceptable Financing Cash
Space Rent $1,000
Listing Terms Cash
Listed by James Magliulo • Country Air Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
12750 High Bluff Dr. #300, San Diego, California, 92130, USA