5690 Blue Lakes Road

    Upper Lake, CA 95485
    • $1,585,000
    • STATUS: Active
    • ON SITE: 285 days
    • ID#: 21721044
    Price Reduced
    UPDATED: 19 min ago
    $1,585,000
    • 0
      BEDS
    • 2.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,000
      SQFT
    • $144
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1955
    County:
    Area:

    School Ratings & Info

    Description

    Idyllic 2.25 Acres at the North end of spring fed, no wake Blue Lakes at the Lake and Mendocino County border in N. California. Developed in the 1940's, The Narrows Resort now has a 12 unit motel, 6 cabins, 15 RV hook-ups and 9 tent camping spaces all with access to two boat docks, swimming deck, and day use facilities. Commercial Kitchen and Bar Facilities on site. Upside potential as RV Resort or corporate retreat. Rents currently below market.

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    © 2018 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX GOLD. Data last updated: 2018-06-18T06:57:32.767.
    www.sonomamarinhomes.com/homes/76490167

    5690 Blue Lakes Road Upper Lake, CA 95485

    • Price: $1,585,000
    • Status: Active
    • Updated: 19 min ago
    • ID#: 21721044
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.25
    Acres
    11,000
    SQFT
    $144
    $/SQFT
    1955
    Built
    Neighborhood:
    Lake County
    County:
    Lake
    Area:
    Lake County
    Property Description
    Idyllic 2.25 Acres at the North end of spring fed, no wake Blue Lakes at the Lake and Mendocino County border in N. California. Developed in the 1940's, The Narrows Resort now has a 12 unit motel, 6 cabins, 15 RV hook-ups and 9 tent camping spaces all with access to two boat docks, swimming deck, and day use facilities. Commercial Kitchen and Bar Facilities on site. Upside potential as RV Resort or corporate retreat. Rents currently below market.
    Exterior Features

    Dock Doors 0 Exterior Other Location Waterfront Lot Description Other Parking 11-25 On SiteSecured Parking Spaces 0 Structures Other

    Interior Features

    Floor Number 0 Industrial Sq Ft 0.00 Min Avail Sq Ft 0.00 Office Sq Ft 0.00 Offices 0 Percent Office 0 Restrooms 0 Retail Sq Ft 0.00 Tenant Allow Fixed 0.00 Tenant Allow Sq Ft 0.00 Tenant Sq Ft 0.00 Warehouse Sq Ft 0.00

    Property Features

    Auction No Buildings 0 Business Type Bed & BreakfastHotel/MotelRecreationalOther Cap Rate 6.10 City Transfer Tax No City Transfer Tax Rate 0.00 Commercial Type Mixed Use Common Int Dev No Construction Status Completed Current Use Other Est Insurance Exp 19000.00 Est Maintenance Exp 38000.00 Est Management 0.00 Est Misc Expenses 30000.00 Est Net Income 146000.00 Est Taxes 28000.00 Est Total Annual Exp 147000.00 Est Utilities Exp 32000.00 GRM 5.41 Gross Income Incl RentsOther Gross Scheduled Inc 293000.00 Lease Deposit 0.00 Load Factor CAM 0 Maximum Lease Yrs 0 Minimum Lease Yrs 0 Monthly Expenses 0.00 Monthly Income 0.00 New Construction Or Resale Resale Planned Unit Develop No Safety Security Security Gate Seller Will Consider Cash OnlyConventional Source Of Financials Owner Special Assessment No Special Zones Flood Insurance Req Square Footage Source Not Verified Subject To Crt Conf No Tenants 0 Total Expenses Incl InsuranceMaintenanceProp TaxesUtilitiesOther Transaction Type Sale Vacancy Factor 4.00 Water Source Well Private Year Built Source Realist Public Rec Zoning Resort Commercial

    Listing information © 2018 Bay Area Real Estate Information Services.
    Listing courtesy of David Ryan of Windermere Platinum Real Estate Services.


    © 2018 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX GOLD. Data last updated: 2018-06-18T06:57:32.767.
     
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