902 S Forbes,  Lakeport  (95453)

$2,450,000

0 bedrooms 0   0 bathrooms 0   22215 square feet 22,215
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PROPERTY DETAILS

Address: view address
Lakeport, CA 95453
Map Location
Features: Air Conditioning
Square Feet:22,215 sq.ft.Lot Size:0.51 acres
Year Built:1988Styles:Traditional
For Sale/Lease:For SaleStatus:Active
Property Type:5 or More UnitsCounty:Lake

PROPERTY DESCRIPTION

15 Unit multifamily apartment complex in desirable Lakeport location. The building offers varied unit mix comprised of 4- 3BD 1BA, 2- 1BD 1BA, 9-2BD 1.5BA. Units are individually metered for propane and electricity, paid by tenants. All units occupied with several long term tenants. Property is situated on a acre parcel with ample parking options consisting of 15 covered assigned undercover spaces, plus additional 17 uncovered assigned spaces. The property has been under the current ownership for 15 years, and has been maintained and personally managed during this time. Conveniently located and within walking distance to grocery stores, pharmacy, restaurants, downtown area and a stones through to the lake. Lakeport has experienced strong rent growth in the last few years while vacancies remain at a historic low. Perfect for a 1031 exchange buyer looking to grow their portfolio or for an investor looking for a solid investment property.

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Interior

Air Conditioning:YesCarpet:Yes
Central Air:YesCentral Heat:Yes
Smoke Alarm:YesVinyl Flooring:Yes

Exterior

Parking Spaces:32Slab Foundation:Yes
Style:Traditional

Property and Lot Details

1 Bedroom Units:22 Bedroom Units:9
3 Bedroom Units:4Cul-De-Sac Location:Yes
Lot Acres:1Lot Sqft:22,216
Sewer:YesTransaction Type:Sale
Year Built:1988

Community information and market data Powered by Onboard Informatics. Copyright ©2021 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2021 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2021 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

PHOTO GALLERY

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Listing courtesy of: Denise Marino of RE/MAX Gold Lake County