Property 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 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
: Other
: Central Air
: No Hookups
: Level, Other
: Other, Uncovered Parking Space
: Other
Address Map
CA
Lake
Lakeport
95453
15 Royale Avenue
0
W123° 5' 10.5''
N39° 2' 0.5''
S Main to Royale to property
MLS Addon
Country Air Properties
James Magliulo
jim@countryair.com
CR432310
CR107070
: Other
: Public

Commercial Sale For Sale

15 Royale Avenue, Lakeport, California 95453

10,144 Sqft
$1,275,000
Listing ID #CRLC24210045
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : CRLC24210045
Price : $1,275,000
Square Footage : 10,144 Sqft
Year Built : 1972
Lot Area : 20,473 Sqft
Status : Active
Property SubType : Other
Agent info
Michael Roberts
Contact Agent