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.
10,144 Sq Ft
0.47 Private Acres Exterior Space
Apartment
Built in 1972
MLS/Listing ID LC24210045
12 Units
Parking - On Site
Parking - Asphalt
Heating - Baseboard
Listing Courtesy of COUNTRY AIR PROPERTIES, JAMES MAGLIULO - 707-263-2620
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE