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.
MLS# | LC24210045 |
---|---|
Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1972 |
Days On Site | 201 |
Listing Provided By | Country Air Properties 707-263-2620 | James Magliulo |
SQ Feet | 10,144 |
---|---|
Story(s) | 2 |
Units | 12 |
Building(s) | 2 |
Acreage | 0.47 |
Golf Course | Yes |
State | CA |
---|---|
County | Lake |
City | Lakeport |
Zip Code | 95453 |
Area | LCLPS Lakeport South |
Listing VS Median (in 95453) | |
Price: $1,150,000 low | high Med: $725,000 SqFt: 10,144 low | high Med: 5,800 $ / SqFt: $113 low | high Med: $125 On site: 201 low | high Med: 21.000000 |