For Sale
$1,350,000

6350 State Highway 193Georgetown, CA 95634

11-Unit Apartment Complex, High Cap Rate

Overview

Added:
Feb 3
Days on market:
62
This exceptional investment opportunity presents a prime 11-unit apartment complex nestled on a nearly one-acre lot in Georgetown, CA. The 5,250 square foot building boasts a strong rental history and offers significant upside potential. Each of the eleven units includes kitchenettes equipped with microwaves and refrigerators, along with convenient wireless internet access. On-site management is facilitated by a comfortable manager's suite, providing ease of operation. Additional amenities include a dedicated office space, a recreational area for tenants, a laundry room, ample storage, and extensive parking. The property's strategic location offers easy access to local restaurants, parks, and shopping, enhancing its appeal to tenants. Outdoor enthusiasts will appreciate the proximity to stunning lakes, reachable within a 30-minute drive via the scenic Wentworth Springs Road, opening up opportunities for hiking, swimming, and river rafting. This well-maintained property presents a compelling investment opportunity in a thriving community, promising strong returns and future growth. The property's size and amenities make it an attractive option for both short-term and long-term tenants.

Property Details for 6350 State Highway 193

Property type
Square Feet
5,250 SF
Year Built
1984
Lot Size (sq. ft)
40,511 SF

Location Insight

City
Georgetown
County
El Dorado
State
California
Latitude
38.90429
Longitude
-120.8366
6350 State Highway 193, Georgetown, California

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6350 State Highway 193
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