Description
Sycamore Court consists of 13 rental cottages, and 12 trailer spaces located in the Russian River town of Guerneville. This property provides the investor with terrific cash flow, and stable tenants. There are 3 studios, 4 one BD, and 6 2 BD units. The cottages surround a landscaped area shaded by towering sycamore trees. One of the buildings includes 5 storage spaces for additional rental income. The 13 apartments are located in 11 buildings that total 5323 sq. ft. on 1.17 acres with 64 parking spaces. The recently built laundry room has hookups for 4 washers and 3 dryers (machines not included). There are 2 additional trailer spaces with sewer hookups currently in place but not in use. Tenants have just a six-minute walk to swim at Johnson's beach, or downtown Guerneville. Tenants enjoy nearby Armstrong Woods State Park, and many local wineries. The property is in the flood zone and flood insurance is required.
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4BEDS
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1.17ACRES
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3BATHS
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01/2 BATHS
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5,323SQFT
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$329$/SQFT
School Ratings & Info
Description
Sycamore Court consists of 13 rental cottages, and 12 trailer spaces located in the Russian River town of Guerneville. This property provides the investor with terrific cash flow, and stable tenants. There are 3 studios, 4 one BD, and 6 2 BD units. The cottages surround a landscaped area shaded by towering sycamore trees. One of the buildings includes 5 storage spaces for additional rental income. The 13 apartments are located in 11 buildings that total 5323 sq. ft. on 1.17 acres with 64 parking spaces. The recently built laundry room has hookups for 4 washers and 3 dryers (machines not included). There are 2 additional trailer spaces with sewer hookups currently in place but not in use. Tenants have just a six-minute walk to swim at Johnson's beach, or downtown Guerneville. Tenants enjoy nearby Armstrong Woods State Park, and many local wineries. The property is in the flood zone and flood insurance is required.
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