$2,350,000
$2,800,000
16.1%For more information regarding the value of a property, please contact us for a free consultation.
54 Beds
28,510 SqFt
SOLD DATE : 05/08/2015
Key Details
Sold Price $2,350,000
Property Type Multi-Family
Sub Type Apt Complx 13+ Units
Listing Status Sold
Purchase Type For Sale
Square Footage 28,510 sqft
Price per Sqft $82
Subdivision Unavail
MLS Listing ID 123460
Sold Date 05/08/15
Bedrooms 54
Year Built 1963
Annual Tax Amount $31,124
Lot Size 1.102 Acres
Acres 1.102
Property Sub-Type Apt Complx 13+ Units
Property Description
The 38 unit Nevada Royale Apartment complex is located in the heart of South Lake Tahoe situated on approximately 1.1 acres overlooking the historic Rabe Meadow. Located just a short distance to the casinos, Heavenly Valley Ski Area, shopping, golf, and restaurants. The complex consists of 3 separate, 2 story buildings. There is a laundry room, storage room, and office/more storage area. Each bulding has exterior decks, stairs, and walkways. The complex consists of 20 - one bedroom, one baths units, 16 - two bedroom, one baths units, and 2 studios. The one and two bedroom units are separately metered for gas and electricity. Studios are not separately metered and owner pays gas & electricity.
Location
State NV
County Douglas
Area Nevada
Interior
Heating Natural Gas, Wall or Space Heater
Cooling Natural Gas, Wall or Space Heater
Laundry Common
Exterior
Exterior Feature Patio/Balcony
Garage Spaces 46.0
Utilities Available NaturalGasAvailable, City Water, City Sewer, Cable TV, High Speed Internet, Telephone
Roof Type Flat
Building
Story Two Story
Foundation Concrete/Crawl Space, Concrete/Masonry
Water Electric
Others
Ownership Fee Simple
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
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