$ 1,275,000
15 Royale Avenue Lakeport, CA 95453
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$ 1,275,000
Est. payment | /mo
10,144 SqFt
$ 1,275,000
Est. payment | /mo
10,144 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 10,144 sqft
Price per Sqft $125
MLS Listing ID CRLC24210045
HOA Y/N No
Year Built 1972
Lot Size 0.470 Acres
Acres 0.47
Property Description
Lakeport Royale Apartments – 15 Royale Ave., Lakeport, Lake County. Seize this lucrative investment opportunity with a 12-unit apartment building in Lakeport. Featuring a mix of 11 desirable 2 bedroom/1 bath and 1 larger 3-bedroom 1 bath units. The building maintains an impressive 90% occupancy rate, with only one unit currently available for showing. Enjoy the convenience of nearby amenities, including grocery stores, shops, restaurants, public transportation, and the stunning Clear Lake within walking distance. Lakeport has witnessed a robust rental market, allowing low vacancies and steady rental demand in recent years. Don't miss out on adding this high-performing asset to your portfolio. Detailed rent roll, income, and expense information are readily available for your review. Make time now to explore this promising Lake County investment opportunity.
Location
State CA
County Lake
Area Listing
Interior
Heating Other
Cooling Central Air
Fireplace No
Laundry No Hookups
Building
Lot Description Level, Other
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 025611370000
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by James Magliulo • Country Air Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "