Excellent Cap Rate at 5.77. Will increase in October.Are you seeking an investment that delivers LONG TERM tenants? If so, continue reading about this fantastic 7 unit apartment investment opportunity. This property provides EASY living that tenants appreciate and are willing to pay for. These cozy updated, ground floor (NO STAIRS) apartments have front and back exterior spaces, on site coin laundry, 5 units have been recently remodeled.All units are rented.This property has Excellent rental income with allowable increases.The pine tree laced neighborhood is quiet, and removed from the hustle, yet close to stores, restaurants, medical facilities and public transport. Great location, updated units and the current rental demand makes this an Excellent investment opportunity of a high producing asset for your portfolio. All this in Beautiful Lake Tahoe! Come take a look today!
For sale
$1,099,000
2165 Jean Ave, South Lake Tahoe, CA 96150
7beds
7baths
4,116sqft
Est.:
Multi Family
Built in 1958
-- sqft lot
$-- Zestimate®
$267/sqft
$-- HOA
What's special
Pine tree laced neighborhoodUpdated unitsGround floorOn site coin laundry
- 177 days |
- 432 |
- 17 |
Likely to sell faster than
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