6350 State Highway 193 - Apartments FOR SALE


Georgetown, CA 95634
$1,500,000 USD
415-747-9121
6350 State Highway 193, Georgetown, CA for Sale
$1,500,000 USD
Apartments - FOR SALE
1/54
null | Request Cap Rate

6350 State Highway 193
Georgetown, CA 95634


OVERVIEW

Prime Investment Opportunity in Georgetown. Well-located income-producing apartment complex just minutes from downtown Georgetown. Situated on nearly one acre, the Kinglike Apartments offer approximately 5,250 sq. ft. of improvements featuring 11 units, each equipped with kitchenettes, microwaves, refrigerators, and wireless internet. The property includes a manager's suite, office space, recreation area, laundry room, storage room, and ample on-site parking, allowing for efficient operations and management flexibility. Conveniently located near local restaurants, parks, and shopping, with easy access to outdoor recreation. The property is approximately 30 minutes from area lakes via scenic Wentworth Springs Road and benefits from demand driven by tourism, outdoor activities, and longer-term occupancy. Strong in-place income with upside potential through operational efficiencies and future improvements (buyer to verify). Ideal for investors seeking an income property with both immediate cash flow and long-term growth potential.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$286 USD /SF

# OF UNITS

11

PRICE/UNIT

$136,364

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hilltop Motel

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,680 SF

ZONING

CP

APN/PARCEL ID

061-391-038-000

ASK ABOUT THIS PROPERTY

Joubert CastoneXp Realty of California IncMore Info
415-747-9121

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Joubert CastoneXp Realty of California IncMore Info
415-747-9121

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