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Status: active   A rare investment opportunity of 11 units on one multi-family estate. The Lake Forest Cottages are situated in a beautiful forest setting with a premier location. 2 miles to Tahoe City, walk to beaches. All individually metered units. Versatile zoning provides diverse income opportunities including; vacation rentals, long-term rentals, commercial use and many possibilities for redevelopment. Current financials provide a 6.5% CAP rate with healthy room for immediate growth. Inquire for more information.
For Additional Information Contact:
Al Colhoun
(530) 913-0807
Email
$1,500,000 
MLS# 20192194
2815 Lake Forest Road
Tahoe City, CA 96145
Area: North LakeTahoe
Subdivision: Lake Forest
Type: Other
Beds: 7+
Baths: 7+
Square Feet: 4604
Garage: 1.0
Year Built: 0
Setting: Street
Acreage Range: .26 - .5
No. of Acres: 0.43
View: Wooded
Estimated Payment: $5,903.28*
 
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This listing courtesy of: Chase International - TC 
* Estimated payment based upon 20% down, 30 year fixed rate of 4.25%. The calculated payment is only an estimate. Actual payment may be higher to reflect taxes and insurance. It is recommended that you work with your agent to find a qualified lender.
Database Last Updated: 12/11/19

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