$549,000Multi-Family in Nice

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.

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