186 Ponderosa Dr, Stateline, NV 89449

Own your slice of Lake Tahoe Nevada! Located in the Ponderosa Park Homeowner’s Association, with this manufactured home you own the land as well as the home. Park FOUR cars! Conveniently situated on lower Kingsbury Grade for easy access to the Lake, Casinos, Parks, Skiing, Shopping, Hiking & Biking Trails and Community Center. Low NV property taxes! No State Income Tax! Investors this is a great long term rental property! Owner may carry! One of the Lowest priced listings on the Nevada side of Lake Tahoe!!, Envirogas Stove operates without electricity to keep those winter nights warm and toasty. Homeowner dues include common area maintenance, snow removal, & sewer. Long term rentals are allowed in this Association. Investors this is a 5% Cap Rate based on $20,000 net operating income/year with an additional $4,000 budgeted toward expenses. Agents see private remarks.