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    OFF-MARKET
    Hotels

    6350 State Hwy 193, Georgetown, CA 95634

    5,250 SF 0.93 ac lot Built 1984
    Individually Owned 12-yr Hold ~ Est. High Equity
    Property ID
    US09-3364717
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a prime 11-unit apartment complex nestled on a nearly one-acre lot in Georgetown, CA. The 5,250 square foot building boasts a strong rental history and offers significant upside potential. Each of the eleven units includes kitchenettes equipped with microwaves and refrigerators, along with convenient wireless internet access. On-site management is facilitated by a comfortable manager's suite, providing ease of operation. Additional amenities include a dedicated office space, a recreational area for tenants, a laundry room, ample storage, and extensive parking. The property's strategic location offers easy access to local restaurants, parks, and shopping, enhancing its appeal to tenants. Outdoor enthusiasts will appreciate the proximity to stunning lakes, reachable within a 30-minute drive via the scenic Wentworth Springs Road, opening up opportunities for hiking, swimming, and river rafting. This well-maintained property presents a compelling investment opportunity in a thriving community, promising strong returns and future growth. The property's size and amenities make it an attractive option for both short-term and long-term tenants.

    Property profile
    Verified
    Property type Hotels
    Use group HOTEL/MOTEL
    Year built 1984
    Construction WOOD
    Total area 5,250 SF
    Lot 0.93 ac (40,510 SF)
    APN 061-391-038-000
    UPID US09-3364717
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Luis M Ching · 12 yrs held
    Luis M Ching
    since 2014
    1 recorded transaction
    2014
    $250,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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