21164 Donner Rd pass - Apartments FOR SALE


Soda Springs, CA 95728
$1,895,000 USD
530-414-1528
21164 Donner Rd pass, Soda Springs, CA for Sale
$1,895,000 USD
Apartments - FOR SALE
1/48
null | 5.04% Cap Rate

21164 Donner Rd pass
Soda Springs, CA 95728


HIGHLIGHTS

  • This property Surrounded by 3 nearby Ski Resorts; Sugar Bowl, Donner Ski Ranch and Boreal Ridge.
  • The property sits within the Van Norden Valley, with hiking and Biking Trails throughout the Valley and surrounding mountains
  • A 10 minute Drive to Donner Lake beaches and Public Docks
  • A 12 minute drive to Historic Downtown Truckee
  • Major Trail systems including the Pacific Crest Trail and Donner Rim Trail are just a short hike away.

OVERVIEW

Calling all Outdoorsy Families & Investors! INCOME GENERATING MOUNTAIN RETREAT 10 mins to Truckee, CA and near 3 Ski Resorts! Discover your dream escape in the heart of Soda Springs’ Van Norden Valley, enveloped by beautiful pines on nearly half an acre. This stunning, near-new Triplex-like property a Detached ADU with 2 bedrooms, 2 bathrooms, and 2 dedicated offices. large loft with open concept living in a rustic modern design—perfect for remote professionals. A huge tandem garage provides ample space for vehicles, recreational toys, or even a home business. A separate duplex on the lot features two open-concept units: a spacious 3-bed, 2.5-bath home and a cozy 2-bed, 1-bath home with Bunk room, with each unit featuring oversized garages, perfect for generating rental income or hosting extended family. Adventure awaits just steps from your door! Donner Ski Ranch and Sugar Bowl Resort are a short hike away, and Boreal Ski Resort (with Skatepark and a large Climbing Gym) are just a few minutes drive away. World-class trails wind through the valley, and near-by mountains ideal for hiking, biking, or exploring. The Famous Rainbow Bridge is just 2 miles down the road. Truckee's Donner Lake is only 10 minutes down historic Old 40 Hwy and 12 minutes to Truckee's downtown for shopping and great food. All buildings are permitted for ADU, and there is currently a Short-Term rental permit on the 2 bedroom in the Duplex. The total square footage of living space on this gorgeous property is 4775 sq ft. It's the perfect Trifecta property! FOR SAVVY INVESTORS!: Detached ADU: A spacious 2-bed, 2-bath retreat with 2 offices, a generous loft, and a huge tandem garage, ideal for vehicles, equipment, or a home business. Currently rented for $3,500/month. Duplex Unit 1: A Rustic modern 3-bed, 2-bath open-concept home with a small loft and oversized one-car garage, currently leased to ski resort workers at a discounted rate of $3200 per month with a potential rental rate of $3,800/month. Duplex Unit 2: A charming 2-bed, 1-bath open-concept unit with a bunk room and one-car garage, operating as a permitted short-term rental. Peak season rates reach $451/night, with potential for a lucrative full-season ski lease at $2500 per month. CURRENT ROI: $125,664 Taxes: $17,000 yr Utilities: $8000 yr Insurance: $3000 yr Snow plowing; $2000 yr Total yearly Operating Expenses: $30,000 CURRENT NOI for all Units: $95,644 (approx). Nestled in a vibrant, four-season destination, this property combines immediate rental income with long-term growth potential. Don’t miss this rare opportunity to own a versatile, income-generating property in a sought-after mountain locale.

FOR SALE DETAILS

PRICE

$1,895,000 USD

PRICE/SF

$303 USD /SF

# OF UNITS

6

PRICE/UNIT

$315,833

CAP RATE

5.04%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

INCOME GENERATING MOUNTAIN RETREAT - TRIPLEX

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

SFR

APN/PARCEL ID

047-070-025-000

ASK ABOUT THIS PROPERTY

Sheri FobareCompassMore Info
530-414-1528

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Sheri FobareCompassMore Info
530-414-1528

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.