$1,987,000
$1,987,000
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16 Beds
6,624 SqFt
SOLD DATE : 03/05/2021
Key Details
Sold Price $1,987,000
Property Type Multi-Family
Sub Type Apt Build 5-12 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 6,624 sqft
Price per Sqft $299
Subdivision Out Of Area
MLS Listing ID 133723
Sold Date 03/05/21
Bedrooms 16
Year Built 1980
Property Sub-Type Apt Build 5-12 Units
Property Description
Lake Tahoe Nv. Turnkey 8 plex apartment complex located at the foot of and walking distance to Stagecoach Base of Vail's Heavenly Ski Resort in Summit Village. The former Royal Aloha Time Share complex hosts the 4 one bdrm. 1 ba units and 4 two bdrm. plus loft 2 ba units. These spacious fully appointed and furnished units each have full kitchens, vertical stone fireplaces and stack washer/dryer units along with storage units for your skis and boards. The complex was built in 1980 and remodeled in the mid 2000s. Units are in very good condition with high quality materials used throughout and built for durability. The apartments are ideal for short or long term rentals and will be highly sought after. Other allowable uses per DC planning dept. include multi fam use and condo uses with and once an HOA is established. Loads of parking at the base of the complex. Summit Village HOA includes recreational amenities such as pool and hot tub along with snow removal.
Location
State NV
County Douglas
Area Nevada
Interior
Heating Electric, Baseboard, Fireplace
Cooling Electric, Baseboard, Fireplace
Laundry In Unit
Exterior
Roof Type Pitched,Composition
Building
Story Two Story
Foundation Concrete/Crawl Space, Basement/Finished
Water Natural Gas
Others
Ownership Fee Simple
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
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