145 Michelle Dr | Stateline, NV 89449
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145 Michelle Dr
Stateline, NV 89449
Aspen Grove Apartments · Multifamily Property For Sale
·
15 Units
INVESTMENT HIGHLIGHTS
- • Unique opportunity for an investor to own on the Nevada side of the CA/ NV state-line
- • Strong cashflow realized on Day 1 of ownership
- • Well maintained asset with recent roof and window upgrades
- • Amazing location a few blocks from Lake Tahoe
PROPERTY FACTS
| No. Units | 15 | Building Size | 12,901 SF |
| Property Type | Multifamily | Average Occupancy | 87% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1966/2019 |
| Building Class | C | Parking Ratio | 1.55/1,000 SF |
| Lot Size | 0.35 AC | ||
| Zoning | R | ||
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 12,901 SF |
| Average Occupancy | 87% |
| No. Stories | 3 |
| Year Built/Renovated | 1966/2019 |
| Parking Ratio | 1.55/1,000 SF |
| Zoning | R |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 12 | - | - |
| 3+1 | 2 | - | - |
| 3+2 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 1318-22-002-087 | Improvements Assessment | $158,043 |
| Land Assessment | $236,250 | Total Assessment | $394,293 |
PROPERTY TAXES
Parcel Number
1318-22-002-087
Land Assessment
$236,250
Improvements Assessment
$158,043
Total Assessment
$394,293
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