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15 Royale Avenue

Lakeport, CA 95453
  • $1,375,000
  • STATUS: Active
  • ON SITE: 59 Days
  • ID#: 324081053
UPDATED: 28 min ago
$1,375,000
  • 2
    BEDS
  • 0.47
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 10,144
    SQFT
  • $136
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1972
County:
Area:

School Ratings & Info

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.

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Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-12-08T06:57:15.45.
www.solanoregroup.com/homes/156561243
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15 Royale Avenue Lakeport, CA 95453

  • Price: $1,375,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 28 min ago
  • ID#: 324081053
2
Beds
2
Baths
0
½ Baths
0.47
Acres
10,144
SQFT
$136
$/SQFT
1972
Built
Neighborhood:
Lake County
County:
Lake
Area:
Lake County
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.
Exterior Features

Carport Spaces 0 Covered Spaces 0 Independent Parking Spaces 0 Levels Two Lot Features None Open Parking Spaces 16 Parking Features OpenUncovered Parking Total 16 Roof Composition Tandem Parking Spaces 0

Interior Features

1 Bedroom Units Total 0 2 Bedroom Units Total 11 3 Bedroom Units Total 1 4 Bedroom Units Total 0 Appliances Built-In Electric Oven Commercial Units Total 0 Cooling Central Heating Central Laundry Features Other Studio Units Total 0

Property Features

Association Fee 0 Association YN No Auction No Gross Income 0 Property Condition Varies by Unit Property Sub Type 5 or More Units Property Type Residential Income Separate Meters ElectricityWater Sewer Public Sewer Subtype Description Apartments Water Source Public Zoning Description R3

Listing information © 2024 Bay Area Real Estate Information Services. Listing courtesy of James Magliulo of Country Air Properties: 707-264-5500.


Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-12-08T06:57:15.45.
 
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