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$549,000Multi-Family in Nice
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| Address: | 4017 E State Highway 20 | ||
| Area: | %NEIGBORHOOD% | Price: | $549,000 |
| Zip Code: | 95464 | Size: | 0 |
| County: | Lake | Bedroom: | |
| Lake/River: | All Others | Bath(s): | |
| Tax Year: | Acreage: | 0.46 | |
| Year Built: | 1947 | Basement: | |
| MLS #: | 20903550 | Garage: | |
Description: Status: Contingent
Great cash flow investment! Duplex and 10 RVs at $64,800/year with a CAP rate of 7.25. Located between Trendwest & Ceago, this property is ideal for upgrading to vacation resort rentals. Upgrade the RVs or build a hotel or time-share development. Rented Month to Month; Laundry Room & Baths; Extra Parking; All units Owned by the Park Owner; Property Manager Lives Nearby; Close to Lakefront Park. Lakefront home across the street also for sale.
Great cash flow investment! Duplex and 10 RVs at $64,800/year with a CAP rate of 7.25. Located between Trendwest & Ceago, this property is ideal for upgrading to vacation resort rentals. Upgrade the RVs or build a hotel or time-share development. Rented Month to Month; Laundry Room & Baths; Extra Parking; All units Owned by the Park Owner; Property Manager Lives Nearby; Close to Lakefront Park. Lakefront home across the street also for sale.
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C.J. Holmes Investment Broker | ||||||
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4017 E State Highway 20 Nice, CA
