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8301 Trout Ave
Kings Beach, CA 96143
Trout Apartments · Multifamily Property For Sale
·
17 Units
PROPERTY FACTS
| No. Units | 17 | Lot Size | 0.55 AC |
| Property Type | Multifamily | Building Size | 5,445 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built/Renovated | 1951/2016 |
| Building Class | C | Parking Ratio | 5.14/1,000 SF |
| Zoning | 029 | ||
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.55 AC |
| Building Size | 5,445 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1951/2016 |
| Parking Ratio | 5.14/1,000 SF |
| Zoning | 029 |
ABOUT 8301 TROUT AVE , KINGS BEACH, CA 96143
Incredible opportunity to purchase a well maintained 17 unit multi-family apartment complex located in the heart of the Kings Beach Commercial Core just a 1/2 block off North Lake Blvd and 2 blocks from the shores of Lake Tahoe. This complex generates income of $14,500 per month and is made up of 7 studios, 7x 1 bedrooms and 3x 2 bedroom units located within 7 buildings. Historically low vacancy rates. Lots of significant capital improvements over the last 3 years which will reduce costs and add value.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 7 | $750.00 | - |
| 1+1 | 7 | $825.00 | - |
| 2+1 | 1 | $1,100 | - |
| 2+2 | 2 | $1,150 | - |
PROPERTY TAXES
| Parcel Number | 090-074-026 | Improvements Assessment | $2,116,154 |
| Land Assessment | $606,161 | Total Assessment | $2,722,315 |
PROPERTY TAXES
