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North San Juan, CA ~ 9 Multi-Residential Units
(two parcels, five building)

27933 Cherokee Rd, North San Juan, CA 95960

$1,125,000

Multi-Residential Investment
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This investment portfolio consists of two parcels. One parcel has 1 building and the other has 4 buildings. Property addresses are 27885 (3 units), 27923 (Small House), 27925 & 27927 (Duplex), 27929 & 27931 (Duplex) and 27933 (Large House) Cherokee Road. 3- 1 bedroom, 5- 2 bedroom, and 1- 3-bedroom units with 2 baths. Great cash flow with few owner expenses historically. 7 units are scheduled for an annual rent increase of 9% (5% plus CPI) this fall. Current annual rents are $103,461. This is a unique investment in Nevada County for tenants who desire to live near outdoor recreation. Sale consists of parcel # 060-120-049 and # 060-120-038
 

MLS 222051113

1.78 Acres on two parcels. 5 buildings with 3-1 bedroom units, 5-2 bedroom units and 1-3 bedroom unit. 5 buildings total. Proforma CAP 6.5%. Sewer hooked up. No Vacancy.

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Brokered by
CORE Real Estate Brokers

 
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