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95464 (Nice, CA)

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MLS# LC14068036
Well maintained fully operational park with lake frontage in Nice. This 1.33 water front property has a completely remodeled 2,600 Sq. Ft main home, 4 two bedroom units, 4 one bedroom units, 3 studio units, and 12 mobile home spaces. All units are in good condition and should not require much maintenance for quite some time. The property has a very low vacancy rate and good CAP rate of around 7.5%. The property is completely occupied with the exception of one mobile space, which will likely be rented soon. The property also comes with a 125 feet of beach front with a dock, pier, boat ramp, storage building, laundry room, and shop. Units have individual electric and propane meters adding to this cash cow! Ask listing agent for information package including income and expense information.
Age: Over 50 Years Old
Amenities: Dock, Water Front
Architecture Style: Other
Cooling System: Central A/C
Floor Covering: Carpet - Partial
Heating System: Heat Pump
Parking Type: Assigned, Driveway
Roof Type: Unknown
Rooms: Family Room, Living Room

95464 (Nice, CA) Real Estate & Homes for Sale - 1 Listing Found

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