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