Dave Westall
Lake Tahoe Real Estate

(530) 448-9882

  • Email
  • Facebook
  • Instagram
  • LinkedIn
  • Pinterest
  • Tumblr
  • Twitter
  • YouTube
  • Home
  • Search
    • Search All Properties
    • Search by Map
      • Neighborhood Map
    • My Featured Listings
    • New Listing Notifications
    • Register / Login
  • Sellers
    • Tahoe Market Reports
      • Tahoe Neighborhood Market Reports
    • My Recent Sales
    • Dave’s Real Estate Marketing Plan
      • Selling Lake Tahoe Real Estate
      • Listing Videos
    • Get Your Home Ready To Sell
    • What’s My Home Worth
    • Client Testimonials
  • Buyers
    • Search the MLS
    • New Listing Notifications
    • My Featured Listings
    • Client Testimonials
    • Tahoe Market Reports
      • Tahoe Neighborhood Market Reports
    • Mortgage Calculator
  • Neighborhoods
    • All Tahoe Neighborhoods
    • Truckee Golf Real Estate
      • Martis Camp Real Estate
      • Lahontan Real Estate
      • Schaffer’s Mill Real Estate
      • Gray’s Crossing Real Estate
      • Old Greenwood Real Estate
    • Lake Tahoe Luxury Real Estate
      • Lake Tahoe Lakefront Homes for Sale
      • Lake Tahoe Real Estate and Homes for Sale
      • Truckee Golf Real Estate
      • Tahoe Ski Resort Real Estate
    • Lake Tahoe Real Estate
      • North Shore Lake Tahoe Homes
        • Tahoe City Real Estate
        • Dollar Point Real Estate
        • Carnelian Bay Real Estate
        • Agate Bay Real Estate
        • Tahoe Vista Real Estate
        • Kings Beach Real Estate
      • West Shore Lake Tahoe Homes
        • Sunnyside – Tahoe Park Real Estate
        • Homewood Real Estate
        • Tahoma Real Estate
        • Meeks Bay & Rubicon Bay Real Estate
    • Tahoe Ski Resort Real Estate
      • Squaw Valley Real Estate
      • Alpine Meadows Real Estate
      • Northstar Real Estate
      • Homewood Real Estate
    • Tahoe Donner Real Estate
    • Truckee Real Estate
  • Tahoe Info
    • Tahoe Market Reports
      • Tahoe Neighborhood Market Reports
    • Winterizing Your Tahoe Home
    • Tahoe Resources and Info
      • Lake Tahoe Area Guide
      • Tahoe Relocation Guide
    • Tahoe Truckee School Guide
  • Blog
    • Tahoe Real Estate Blog
    • Tahoe Market Reports
    • Featured Listings
      • Ski Resort Real Estate
      • Tahoe Lakefront Real Estate News
      • Tahoe Golf Real Estate
      • Truckee Real Estate
        • Prosser Real Estate
        • Tahoe Donner Real Estate
        • Gray’s Crossing Real Estate
      • West Shore Real Estate
    • For Your Home
      • Tips and Advice
    • Lake Tahoe Community
      • Lake Tahoe Events
      • North Lake Tahoe Real Estate News
    • My Recent Sales
  • About
    • About Lake Tahoe Realtor Dave Westall
      • Westall Real Estate Team
    • My Recent Sales
    • Testimonials
  • Contact
    • Newsletter Signup
    • Contact
Home » My Recent Sales » Lake Tahoe Income Property | 8301 Trout Ave

Lake Tahoe Income Property | 8301 Trout Ave

March 13, 2018 by dwestall Leave a Comment

SOLD! Lake Tahoe Income Property

8301 Trout Ave
Kings Beach, CA

Tahoe Apartments for Sale | 8301 Trout Ave Lake Tahoe Commercial Real Estate | 8311 Trout Ave Kings Beach CA Lake Tahoe Income Property | 8311 Trout Ave Kings Beach CA Lake Tahoe Investment Property | 8311 Trout Ave Kings Beach CA Apartments For Sale Lake Tahoe | 8311 Trout Ave Kings Beach CA Kings Beach Real Estate | 8311 Trout Ave Kings Beach CA Rental Property in Lake Tahoe | 8311 Trout Ave Kings Beach CA Lake Tahoe Apartment Complex For Sale | 8311 Trout Ave Kings Beach CA Lake Tahoe Income Property | 8311 Trout Ave Kings Beach CA Tahoe Investment Property for Sale | 8301 Trout Ave Lake Tahoe Apartment Compex for Sale | 8301 Trout Ave Kings Beach Multi-Family for Sale | 8301 Trout Ave

 

This 17 unit multi-family apartment complex represents an incredible opportunity to purchase a well-maintained Lake Tahoe income property, right in the heart of the Kings Beach commercial core. The Trout Ave Apartments are located just a 1/2 block off North Lake Blvd and two blocks from the shores of Lake Tahoe. This desirable complex consists of seven studios, seven 1-bedroom units, and three 2-bedroom units spread out over seven buildings creating a village-like feel for tenants to enjoy.  With a very high rental demand, this property generates $14,500 per month in gross income. Also, a large number of significant capital improvements have been made over the last three years.  These improvements will reduce costs and add value. The housing crisis in Lake Tahoe and Truckee has created a minimal supply of long-term rentals making this 17 unit complex a fantastic opportunity for any investor. 

Kings Beach is known for its fabulous sun-drenched beaches, delicious dining options, revitalized downtown center, and its close proximity to year-round recreation.  The closest ski resort is Northstar CA and is a short 10-minute drover over Highway 267.  In addition, Squaw Valley, Alpine Meadows, and Homewood Mountain Resort are also just a quick car ride away.  They offer some of the best skiing and riding in the region.  The casinos and music venues located on the state line are just minutes away from the Trout Ave Apartments. These apartments are close to public transportation and centrally located near numerous employment opportunities. Kings Beach is one of the best places to own multi-family property in North Lake Tahoe.

Features

  • Sale Price $1,600,000
  • 17 Units
  • 7 Buildings
  • 7 Studio Units, 7x 1-Bedroom Units, and 3x 2-Bedroom Units
  • .5675 Acre Lot
  • Significant capital improvements made over the last 3 years
  • Gross Income: $14,500 per month or $174,000 per year
  • 100% occupancy with a low historic turnover
  • 1/2 block to North Lake Blvd and 2 blocks to the shores of Lake Tahoe
  • Located within the Kings Beach Redevelopment Project
  • Close proximity to public transportation as well as employment opportunities

Contact Dave Westall, your North Lake Tahoe Realtor for any questions on this Lake Tahoe Income Property or other Kings Beach Real Estate. Call 530-550-8090 or email david@westallrealestate.com

Location

 

Want to Know What Your Home is Worth?

 

Dave Westall
 Oliver Luxury Real Estate
David@WestallRealEstate.com
530-448-9882
CA BRE# 01796995

 

(Visited 2,052 times, 1 visits today)

Filed Under: 2018 Sales, My Recent Sales Tagged With: apartments for sale Lake Tahoe, Income Property Lake Tahoe, Kings Beach commercial real estate, kings beach real estate, Lake Tahoe apartments for sale, Lake Tahoe Commercial Real Estate, Lake Tahoe income property, Lake Tahoe investment property, lake tahoe real estate, rental property in Lake Tahoe

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

New Listing Notifications
What's My
Home Worth

Search Listings

$
$

Popular Posts

  • Modular Home Construction on the West Shore of Lake TahoeModular Home Construction on the West…
  • Top 10 Lake Tahoe Luxury HomesTop 10 Lake Tahoe Luxury Homes
  • Lake Tahoe Real Estate Year End 2020 Market ReportLake Tahoe Real Estate Year End 2020 Market Report
  • SOLD! Breathtaking Serene Lakes Lakefront CabinSOLD! Breathtaking Serene Lakes Lakefront Cabin

Categories

  • 2015 Sales
  • 2016 Sales
  • 2017 Sales
  • 2018 Sales
  • 2019 Sales
  • 2020 Sales
  • 2021 Sales
  • Featured Listings
  • For Your Home
  • Lake Tahoe Community
  • Lake Tahoe Events
  • Listing Videos
  • Market Reports
  • My Recent Sales
  • North Lake Tahoe Real Estate News
  • Ski Resort Real Estate
  • Tahoe Golf Real Estate
  • Tips & Advice
  • Truckee Real Estate
  • Uncategorized
  • West Shore Real Estate

Follow me on Blogarama

Corcoran Global Living

319 West Lake Blvd
Tahoe City, CA 96145

530-448-9882
Contact Dave

Privacy Policy

Dave Westall

Dave Westall Lake Tahoe Real Estate and Truckee RealtorTahoe City Realtor Dave Westall is the best at helping clients achieve their real estate goals. Whether buying or selling Tahoe and Truckee real estate, Dave is your trusted partner. Meet Dave Westall

  • Facebook
  • Instagram
  • LinkedIn
  • Pinterest
  • Tumblr
  • Twitter
  • YouTube
Lake Tahoe ›
Tahoe City ›
Truckee

CA BRE# 01796995   •   sitemap   •   admin   •   ©2021 All Rights Reserved  •  Real Estate Website Design by IDXCentral.comPrivacy Policy