Description
15096-15098 Old River Road- This extremely charming perfectly located Multi-Unit property is thriving! Recently updated and fully Leased. The property consists of 10 1 bedroom units with Kitchenettes, hardwood floors, and chic tile bathrooms. As well as a 3 bedroom 1 bath home upstairs with separate 3 bedroom 2 bath below. The 2 homes share a common area that include a recently updated pool. The property also consists of a bonus unit and 5 independent storage units that have added income to peak the cap rate to 5.4% (Pro-forma). The location across the street from the river and a short walk to downtown Guerneville combined with the zoning (K Zoning) make this property a desirable asset to ones portfolio.
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0BEDS
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0.71ACRES
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0BATHS
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01/2 BATHS
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5,832SQFT
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$308$/SQFT
School Ratings & Info
Description
15096-15098 Old River Road- This extremely charming perfectly located Multi-Unit property is thriving! Recently updated and fully Leased. The property consists of 10 1 bedroom units with Kitchenettes, hardwood floors, and chic tile bathrooms. As well as a 3 bedroom 1 bath home upstairs with separate 3 bedroom 2 bath below. The 2 homes share a common area that include a recently updated pool. The property also consists of a bonus unit and 5 independent storage units that have added income to peak the cap rate to 5.4% (Pro-forma). The location across the street from the river and a short walk to downtown Guerneville combined with the zoning (K Zoning) make this property a desirable asset to ones portfolio.
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