About 15 Royale Avenue
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 11 desirable 2 bedroom/1 bath and 1 larger 3-bedroom 1 bath 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.
Features of 15 Royale Avenue
| MLS® # | 324081053 |
|---|---|
| Price | $1,150,000 |
| Square Footage | 10,144 |
| Acres | 0.47 |
| Year Built | 1972 |
| Type | Residential Income |
| Sub-Type | Apartments |
| Status | Contingent - Show |
Community Information
| Address | 15 Royale Avenue |
|---|---|
| Area | Lake County |
| City | Lakeport |
| County | Lake |
| State | CA |
| Zip Code | 95453 |
Amenities
| Parking Spaces | 16 |
|---|---|
| Parking | Open, Uncovered |
| Has Pool | No |
Interior
| Appliances | Built-In Electric Oven |
|---|---|
| Heating | Central |
| Cooling | Central |
| Fireplace | No |
Exterior
| Lot Description | None |
|---|---|
| Roof | Composition |
Additional Information
| Zoning | R3 |
|---|
Listing Details
| Office | Listing Courtesy of James L Magliulo of Country Air Properties |
|---|