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2975 Sacramento Ave
South Lake Tahoe, CA 96150

$1,795,000 USD

Apartments For Sale  •  4,835 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,835 SF
  • Lot Size 0.28 AC
  • Building Class C
  • Year Built 1955
  • Cap Rate 6.45 %
  • Zoning MDR
0 Transit Score
53 Walk Score

Highlights

• Turnkey opportunity in an excellent location
• Large lot with open landscape for tenants
• Stabilized apartment community
• Parking lot and Laundry on site
• Pitched Roofs with cinder block and t1-11 siding
• Low vacancy market with tough barrier to entry
Cap Rate: 6.45 %

Amenities

  • 24 Hour Access
  • Courtyard
  • Dishwasher
  • Disposal
  • Laundry Facilities
  • Microwave
  • Storage Space
  • Tenant Controlled HVAC
  • Heating
  • Wi-Fi
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Double Pane Windows
  • Freezer
  • Vinyl Flooring
  • Smoke Detector
  • Walk-Up

Parking Details

Parking Available: Yes
Reserved: Yes
Spaces Provided: 10
Type: Reserved
Included in Rent: Yes
Matthew Sarro 916-616-5267 Colliers
Matthew Sarro 916-616-5267 Colliers