Property Detail

Description

Prime investment opportunity on Ski Run Boulevard in South Lake Tahoe, well-suited for a 1031 exchange or a passive income investor. This four-unit multifamily property features four one-bedroom, one-bath residences and is ideally located within a five-minute drive of Heavenly Ski Resort. The property also offers convenient access to nearby casinos, hotels, restaurants, and retail centers along the CaliforniaNevada border. Situated in a high-demand area for local employees, the property is also popular with seasonal workers during both the summer tourism season and the winter ski season. The building is currently fully occupied, generating stable income and offering an attractive capitalization rate. T