6350 State Highway 193 Active

Georgetown,CA 95634

$ 1100000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 224050854

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1984

Lot Size 0.930 Acres

Acres 0.93

Property 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 11 units with kitchenettes, microwaves, refrigerators, and wireless internet. 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! Tremendous Upside potential!

Location

State CA

County El Dorado

Area 12901

Direction Use GPS: Coordinates: 38.9038, -120.8371. From I-80 East take 119C (Elm Ave)keep left to the ramp towards Downtown Auburn. Turn left on Elm Ave. Turn left to State Hwy 193-49. Continue on 193-49. Turn right on 49 to address on left.

Location Details Neighborhood,Downtown,Freeway Nearby,Shopping Nearby,Hotel/Motel Nearby

Interior

Heating Wall Furnace

Cooling Wall Unit(s)

Flooring Carpet,Wood,Concrete Slab,Varies by Unit

Exterior

Garage Open,Common Area Shared,Uncovered,Fenced,Visitor

Utilities Available Propane

Water Access Desc Water District,Public

Roof Type Composition

Road Frontage State Highway

Building

Story 2

Foundation Slab

Sewer Public Sewer

Water Water District,Public

Others

Senior Community No

Tax ID 061-391-038-000

Special Listing Condition None

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