A 12 unit multi-family property 100% leased to Vail Resorts as a master lease for five (5) years with six (6) percent annual rental increases and two (2) one (1) year options. Lessee is responsible for utilities, maintenance, and management. The property is comprised a 10 unit multi-unit building and two (2) freestanding two (2) bedroom houses. The property has recently gone under a full remodel and in brand new condition with all new updated appliances.
Property Details
Price:
$3,950,000
MLS #:
140044
Status:
Active
Baths:
0
Address:
3546 Spruce Avenue
Type:
Multi Family
Subtype:
Apt Build 5-12 Units
Neighborhood:
bijou1
City:
South Lake Tahoe
Listed Date:
Apr 23, 2024
State:
CA
Finished Sq Ft:
9,863
ZIP:
96150
Lot Size:
23,087 sqft / 0.53 acres (approx)
Year Built:
1960
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Community
- Address3546 Spruce Avenue South Lake Tahoe CA
- AreaBijou 1
- CitySouth Lake Tahoe
- CountyEl Dorado
- Zip Code96150
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3546 Spruce Avenue
South Lake Tahoe, CA
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