Amazing investment opportunity to own a well performing complex in an area with highly restrictive building regulations restricting future growth. This four building townhouse style complex has been remodeled and includes new kitchens & baths with granite counters, new roofs, landscaping , door & windows and remodeled interiors. Additionally, the property has its own rental website and onsite security cameras. The complex has a mix of 12 one bedroom and 6 two bedroom units. Some tenants have resided there for over 20 years. The property is located in the highly desirable area of South Lake Tahoe that is within walking distance to Heavenly Village & Ski resort. South Lake Tahoe has some of the most restrictive regulations on new building in the country, which makes competing developments almost impossible to build.
Courtesy of John E Mcintosh, Broker, .
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