Address Not Available By Request

    Upper Lake, CA 95485
    • $1,400,000
    • STATUS: Active
    • ON SITE: 49 days
    • ID#: 21901883
    UPDATED: 57 min ago
    $1,400,000
    • 0
      BEDS
    • 24.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,000
      SQFT
    • $200
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1929
    County:
    Area:

    School Ratings & Info

    Description

    The perfect hands on retirement income property. 10 long term rental cabins; 2 SFR dwelling residences (one could be owner/manager ON THE LAKE, and one across Hwy 20 on its own nearly 20 acres / 4650 Hwy 20 w/ 2 springs!) on two parcels totaling 24.14 acres. Coin operated laundry. Lakefront location with plenty to keep you busy between sunrise, sunset, & fishing. Allowing 20% operating expenses its almost a 9% cap rate at the asking price.

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    © 2019 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rapisarda Real Estate. Data last updated: 2019-03-19T15:56:11.4.
    www.raphomes.com/homes/91257489

    Address Not Available By Request Upper Lake, CA 95485

    • Price: $1,400,000
    • Status: Active
    • Updated: 57 min ago
    • ID#: 21901883
    0
    Beds
    0
    Baths
    0
    ½ Baths
    24.14
    Acres
    7,000
    SQFT
    $200
    $/SQFT
    1929
    Built
    Neighborhood:
    Lake County
    County:
    Lake
    Area:
    Lake County
    Property Description
    The perfect hands on retirement income property. 10 long term rental cabins; 2 SFR dwelling residences (one could be owner/manager ON THE LAKE, and one across Hwy 20 on its own nearly 20 acres / 4650 Hwy 20 w/ 2 springs!) on two parcels totaling 24.14 acres. Coin operated laundry. Lakefront location with plenty to keep you busy between sunrise, sunset, & fishing. Allowing 20% operating expenses its almost a 9% cap rate at the asking price.
    Exterior Features

    Dock Doors 0 Drainage None Exterior BlockWood Foundation Cc PerimeterPiersOther Loading None Location Hwy ExposureHwy FrontageWaterfront Lot Description Other Parking 11-25 On Site Parking Spaces 0 Road Frontage Is AccessibleState Hwy Roof CompositionShingle Structures Detach BldgOther

    Interior Features

    Accessibility Feat None Ceilings Under 12' Energy Conservation Dual Pane WindowsOtherNone Floor Number 0 Floors CarpetedWoodOther Heat Cool OtherZoned AirZoned Heat Industrial Sq Ft 0.00 Min Avail Sq Ft 0.00 Miscellaneous Washer/Dryer-Own Office Sq Ft 0.00 Offices 0 Percent Office 0 Restrooms 0 Retail Sq Ft 0.00 Stories 1 Story Tenant Allow Fixed 0.00 Tenant Allow Sq Ft 0.00 Tenant Sq Ft 0.00 Walls Cc BlkPaneledSheetrockWoodOther Warehouse Sq Ft 0.00

    Property Features

    Auction No Buildings 14 Business Type Other Cap Rate 8.90 City Transfer Tax No City Transfer Tax Rate 0.00 Close To Other Commercial Type Mixed Use Construction Status Completed Current Use Residential Est Insurance Exp 0.00 Est Maintenance Exp 0.00 Est Management 0.00 Est Misc Expenses 0.00 Est Net Income 0.00 Est Taxes 0.00 Est Total Annual Exp 0.00 Est Utilities Exp 0.00 Exchange For OtherNone GRM 0.00 Gross Income Incl LaundryRents Gross Scheduled Inc 0.00 Lease Deposit 0.00 Load Factor CAM 0 Maximum Lease Yrs 0 Minimum Lease Yrs 0 Monthly Expenses 0.00 Monthly Income 0.00 New Construction Or Resale Resale Rentable Yes Safety Security Smoke DetectorsOther Sewer Septic Holding TankStandard SepticOther Source Of Financials Owner Special Zones Flood ZoneScenic CooridorSeismic Zone 4 Square Footage Source Not Verified Tenants 12 Total Expenses Incl None Transaction Type Sale Utilities ElectricGarbage ServicePropaneSatellite DishSep Elec MeterSep Gas MeterTelephoneOther Vacancy Factor 0.00 Water Source Spring(S)Well Private Year Built Source Realist Public Rec Zoning Cr / Rl

    Listing information © 2019 Bay Area Real Estate Information Services.
    Listing courtesy of Douglas Kues of Boss Re & General Appraisal.


    © 2019 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rapisarda Real Estate. Data last updated: 2019-03-19T15:56:11.4.
     
    Rapisarda Real Estate
    785 Alamo Drive, Suite 120
    Vacaville CA, 95688