Two apartment portfolio totaling 24 units in Kelseyville, California. The property comprises of all 2 bedroom 1 bath units. There is an onsite manager who occupies 1 unit, with no rent associated on this unit. Current rents are below market providing an opportunity for an Investor add value by bringing rents to current market rates.
The property provides fenced backyards, individual HVAC units, dishwashers, garbage disposals and water heaters. Additionally, each unit received covered parking for one car with an additional uncovered space provided.
The laundry facilities include 2 year old coin operated machines, which produces approximately $1,200.00 per month in additional income.