Georgetown Apartments

High cap rate with value-add potential. Prime Investment Opportunity! Apartments Complex in Georgetown, just minutes from downtown. Nestled on nearly an acre of land (with room for expansion) sits the 5,250 sq. ft. complex. These apartments feature 11 rooms and a spacious Manager's Suite. Key Features: Accommodation: 11 rooms with kitchenettes, microwaves, refrigerators, and wireless internet. Manager's Suite: Comfortable living space for on-site management. Facilities: Office space, recreation area, laundry room, storage room, and ample parking. Location: Proximity to local restaurants, parks, shopping, and more. Only 30 minutes to stunning lakes via the scenic Wentworth Springs Road. Guests can enjoy a range of outdoor activities, including hiking, swimming, and river rafting, making this motel an attractive destination for travelers and long-term tenants alike. Don't miss out on this prime investment opportunity in a thriving location!

Property Highlights:
• Income Property
• High Cap Rate
• MLS#: 224050854
• APN#: 061-391-038-000 .93 acres
• Black Oak Mine School District
• 12 Units
• Office Space
• Recreation Area
• Parking
• Manager Unit on Site