- $1,100,000
Description
Exclusive Investment Opportunity in Sacramento, CA This well-located multifamily asset near Lakeshore Boulevard in Lakeport presents a compelling opportunity for investors seeking stable cash flow with meaningful upside. With a majority of units in clean, original condition and key system upgrades already completed, investors are well-positioned to enhance value through strategic improvements and operational efficiencies. Seller is offering the additional lot for $200, 000, presenting a rare chance to expand unit count and maximize overall project value. Spanning approximately ±35, 501 square feet, this parcel is zoned R3, allowing for higher-density residential development. Investors and developers have the ability to construct additional units in the rear, creating a compelling value-add or ground-up development play in a supply-constrained market.
Details
Features
Additional details
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Roof: Other
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Utilities: Other
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County: Lake
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Property Type: Commercial Sale
Address
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Address: 2815 Lakeshore Boulevard
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State/county: CA
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Zip/Postal Code: 95453
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