Royale Apartments
$1,150,000
15 Royale Avenue, Lakeport, CA 95453
5
Cap Rate
10,144 sqft
Building Size
Details:
Description:
Lakeport Royale Apartments – 15 Royale Ave., Lakeport, Lake County. Seize this lucrative investment opportunity with a 12-unit apartment building in Lakeport. Featuring a mix of desirable 2 and 3-bedroom units. The building maintains an impressive 90% occupancy rate, with only one unit currently available for showing. Enjoy the convenience of nearby amenities, including grocery stores, shops, restaurants, public transportation, and the stunning Clear Lake within walking distance. Lakeport has witnessed a robust rental market, allowing low vacancies and steady rental demand in recent years. Don't miss out on adding this high-performing asset to your portfolio. Detailed rent roll, income, and expense information are readily available for your review. Make time now to explore this promising Lake County investment opportunity.
www.lakecounty.com
www.lakecounty2025.org
Mix 2 bedroom and 3 bedroom apartments
Walking distance to shops, restaurants and public transportation
Historical high occupance rate
Documents:
| Title | ||
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| 15 Royale Ave-22 |
Location
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