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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
MLS# LC14107647
TURN KEY RENTAL PROPERTY!!! 9 UNITS PLUS A LARGE BARN and additional building with laundry room and storage lockers. 7 units have been rebuilt from foundation up. Barn is ready to be renovated as a rental or call it your primary residence. Centrally located in a great area of Nice

near new Casino and Wineries. This is definitely a money maker so don't delay while prices are still low. The lake is across the street and

property is close to shopping and Marina.
Age: Over 50 Years Old
Architecture Style: Other
Floor Covering: Carpet - Partial, Linoleum
Roof Type: Unknown
Rooms: Bedroom

Nice, CA Real Estate & Homes for Sale - 2 Listings Found

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