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3653-3665 Blackwood Rd
South Lake Tahoe, CA 96150
Blackwood Apartments · Multifamily Property For Sale
·
20 Units
Investment Highlights
- 50% occupied building, CAP rate is proforma
- Major value-add opportunity
- Pitched Roofs & Laundry on site
- 2 cabins, a 10-unit complex and an 8-unit Complex
- Large .94 Acre lot with ample parking
- Excellent rental market with almost no new inventory
Property Facts
| No. Units | 20 | Building Size | 15,688 SF |
| Property Type | Multifamily | Average Occupancy | 50% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1963 |
| Building Class | C | Parking Ratio | 2.03/1,000 SF |
| Lot Size | 0.94 AC | ||
| Zoning | HDR - Multi-family Residential | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.94 AC |
| Building Size | 15,688 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 2.03/1,000 SF |
| Zoning | HDR - Multi-family Residential |
Amenities
Unit Amenities
- Heating
- Kitchen
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | $1,087 | 450 |
| 1+1 | 7 | $1,322 | 700 |
| 2+1 | 8 | $1,597 | 850 |
| 3+1 | 2 | $1,953 | 1,319 |
Property Taxes
| Parcel Number | 027-331-011-000 | Improvements Assessment | $1,438,200 |
| Land Assessment | $433,500 | Total Assessment | $1,871,700 |
Property Taxes
Parcel Number
027-331-011-000
Land Assessment
$433,500
Improvements Assessment
$1,438,200
Total Assessment
$1,871,700
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