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Morgan Lane Real Estate

Morgan Lane Real Estate
Two Offices to Serve You
Hidden Valley Lake, CA 95467

Hidden Valley: 707-987-1991
Lakeport: 707-263-0378

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Listing 5 out of 34
$1,750,000 For Sale

2730 Lakeshore Boulevard
Nice, CA 95485

47 units | Multi Family Home
3.2021 acre lot - MLS# LC17073694
Property Photo
1/19

Description

Lake County Commercial Mobile Home and RV Park. Investors, here is what you have been looking for. Great Lakefront Location. Great income and great up side potential. This park has 47 Mobile Home spaces. It also has an apartment, a cottage and a main house (fixer) that is currently being used as an office and storage. There also are 6 storage units on the property that are currently rented to the tenants, a laundry room, a pier, a boat launch and 165 feet of private beach. All renters are permanent month to month. The price and CAP are based on current income. The upside is there are 11 spaces that are vacant and if filled can bring in substantial additional income. Don't miss out on this one.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 95485
  • Year Built: 1943
  • Stories: One
  • Units: 47 units
  • # of Parking Spaces: 6.00
  • Acres: 3.2021 acre lot
  • Waterfront: Beach Access,Lake,Lake Front
  • Zoning: CR
  • Area: LCNIC - Nice
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 5000.00
  • Building Area Units: Square Feet
  • Community Features: Rural
  • Country: US
  • Directions: Nice, Lucern cutoff to Lakeshore to property
  • Electric Expense: 20000.00
  • Exterior Features: Pier
  • Fuel Expense: 5000.00
  • Garage Spaces: 6.00
  • Gross Income: 213252.00
  • Gross Scheduled Income: 291252.00
  • Insurance Expense: 6000.00
  • Laundry: Yes
  • Laundry Features: Area, Community, Dryer Included, Individual Room, Inside, Washer Included
  • Listing Agent License: 01852966
  • Listing Office License: 01521602
  • Lot Features: 2-5 Units/Acre, Lawn, Level with Street, Lot Shape-Rectangular, Lot-Level/Flat, Near Public Transit
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 133501.00
  • New Taxes Expense: 18500.00
  • Number Of Buildings: 49
  • Number Of Separate Electric Meters: 47
  • Operating Expense: 157570.00
  • Parking: Yes
  • Parking Features: Uncovered
  • Stories Total: 1
  • Total Expenses: 82800.00
  • Trash Expense: 5000.00
  • Utilities: Propane, Sewer Connected, Water Connected
  • Water Sewer Expense: 15000.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Country Air Properties, James Magliulo



Morgan Lane Real Estate

CalBRE# 01262966
Two Offices to Serve You | Hidden Valley: 707-987-1991 | Lakeport: 707-263-0378 | Contact Us
18990 Coyote Valley Road, Suite 15 - Hidden Valley Lake, CA 95467
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