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Georgetown Apartments

$1,100,000
6350 State Highway 193, Georgetown, CA
Status: Active
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Property Type
Commercial Acreage
Acreage
0.93 acres
County
El Dorado, CA
Format
Sale
Features
N/A
List Date
May 10, 2024
Documents
N/A
Description
Prime Investment Opportunity: Apartments Complex in Georgetown Discover an exceptional investment opportunity with a high cap rate, just minutes from downtown Georgetown. Nestled on nearly an acre of land, the 5,250 sq. ft. Kinglike Apartments features 10 guest rooms and a spacious Manager's Suite. Key Features: Accommodation: 11 well-appointed guest rooms with kitchenettes, microwaves, refrigerators, and wireless internet. Perfect for both short-term and extended stays. 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 • 11 Guest Units • Office Space • Recreation Area • Parking • Manager Unit on Site
Listing Agent
View Member Profile
Todd Renfrew
Co-Op Member Owner
California Outdoor Properties, Inc.
Vacaville, California
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