24 Unit Multifamily

5074 - 5075 Gaddy Ct Kelseyville, CA 95451

5074 - 5075 Gaddy Ct, Kelseyville, CA, 95451
5074 - 5075 Gaddy Ct, Kelseyville, CA, 95451
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$2,750,000
Last Verified:
Apr 23, 2020

Highlights

  • Two separate, 12 Unit buildings
  • 100% Occupancy
  • Well Maintained

Description

Two apartment portfolio totaling 24 units in Kelseyville, California. The property comprises of all 2 bedroom 1 bath units. There is an onsite manager who occupies 1 unit, with no rent associated on this unit. Current rents are below market providing an opportunity for an Investor add value by bringing rents to current market rates.

The property provides fenced backyards, individual HVAC units, dishwashers, garbage disposals and water heaters. Additionally, each unit received covered parking for one car with an additional uncovered space provided.

The laundry facilities include 2 year old coin operated machines, which produces approximately $1,200.00 per month in additional income.

Located in Lake County California


Year Built: 1980
Building Size: 20592.0sq ft
Lot Size: 1.84 acres

Map of 5074 - 5075 Gaddy Ct, Kelseyville, CA, 95451

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