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2975 Sacramento Ave
South Lake Tahoe, CA 96150

$1,625,000 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 1958
  • Cap Rate 7.75 %
  • Zoning MDR
10 Transit Score
30 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: 7.75 %

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