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| Property Type: |
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Price: |
$1,100,000 |
| Brief Description: |
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| State: |
California |
Approx. +/- Acres: |
1 |
| City: |
Georgetown |
Bedrooms in Main Home: |
0 |
| County / Province: |
El Dorado |
Features: |
Guest House,
Manager's Home,
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| Country / Nation: |
United States |
Topography: |
Rolling,
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| Zip Code: |
95634 |
Date Listed on Site: |
05/30/2024 |
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Detailed Description:
Prime Investment Opportunity: Apartments Complex in Georgetown Discover an exceptional investment opportunity with a high cap rate, just minutes from downtown Georgetown. Nestled on nearly an acre of land, the 5,250 sq. ft. Kinglike Apartments features 10 guest rooms and a spacious Manager's Suite. Key Features: Accommodation: 11 well-appointed guest rooms with kitchenettes, microwaves, refrigerators, and wireless internet. Perfect for both short-term and extended stays. Manager's Suite: Comfortable living space for on-site management. Facilities: Office space, recreation area, laundry room, storage room, and ample parking. Location: Proximity to local restaurants, parks, shopping, and more. Only 30 minutes to stunning lakes via the scenic Wentworth Springs Road. Guests can enjoy a range of outdoor activities, including hiking, swimming, and river rafting, making this motel an attractive destination for travelers and long-term tenants alike. Don't miss out on this prime investment opportunity in a thriving location!
Property Highlights:
- Income Property
- High Cap Rate
- MLS#: 224050854
- APN#: 061-391-038-000 .93 acres
- Black Oak Mine School District
- 11 Guest Units
- Office Space
- Recreation Area
- Parking
- Manager Unit on Site
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| Property Website: |
http://www.californiaoutdoorproperties.com/listing/georgetown-apartments |
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| Map To Home: View Map |
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