Georgetown Apartments

Georgetown, California

$1,100,000 | 0.93 ± Acres | El Dorado County

PROPERTY TYPE: Homes and Cabins

PROPERTY DESCRIPTION:

High cap rate with value add potential. Prime Investment Opportunity! Apartments Complex in Georgetown, just minutes from downtown. Nestled on nearly an acre of land (with room for expansion)sits the 5,250 sq. ft. complex. These apartments feature 11  rooms and a spacious Manager's Suite. Key Features: Accommodation: 11  rooms with kitchenettes, microwaves, refrigerators, and wireless internet.  Manager's Suite: Comfortable living space for on-site management. Facilities: Office space, recreation area, laundry room, storage room, and ample parking. Location: Proximity to local restaurants, parks, shopping, and more. Only 30 minutes to stunning lakes via the scenic Wentworth Springs Road. Guests can enjoy a range of outdoor activities, including hiking, swimming, and river rafting, making this motel an attractive destination for travelers and long-term tenants alike. Don't miss out on this prime investment opportunity in a thriving location!

PROPERTY HIGHLIGHTS:
  • Income Property
  • High Cap Rate
  • MLS#: 224050854
  • APN#: 061-391-038-000  .93 acres
  • Black Oak Mine School District
  • 12 Units
  • Office Space
  • Recreation Area
  • Parking
  • Manager Unit on Site
ADDRESS:

6350 State Highway 193
Georgetown, California

COORDINATES:

38.9041087N, 120W

LOCATION/DIRECTIONS:
Use GPS: Coordinates: 38.9038, -120.8371. From I-80 East take 119C (Elm Ave)keep left to the ramp towards Downtown Auburn. Turn left on Elm Ave. Turn left to State Hwy 193-49. Continue on 193-49. Turn right on 49 to address on left.
TAXES:

$3495.00/year (2023)

Ed Perry
Ed Perry

Cell: (916) 517-9969

Contact Ed About Ed View All of Ed 's Listings

Janet DeLeo
Janet DeLeo

Cell: (209) 304-2495
Office: (707) 455-4444

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Jeremy Pabst
Jeremy Pabst

Cell: (209) 304-7137

Contact Jeremy About Jeremy View All of Jeremy 's Listings

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