Sheryle McNamara
This listing was posted on Sheryle McNamara (via ListedBuy).
$3,750,000
6687 Blue Heron Dr, Upper Lake, CA 95485 MLS# LC24063279
Price:
$3,750,000
BR/BA:
2 BR
Location:
6687 Blue Heron Dr, Clearlake, CA
Description:
Owner has Beautifully maintained Blue Heron Gardens with excellent on-site management--continuously upgrading during his 25 years of operation. There are many long-term tenants, plus an historically low vacancy and turnover rate. Tenants appreciate having a coin operated laundry room on-site, and a large park-like exterior common area that includes picnic tables and BBQ. There are 21 2BR 1.5 Bath two-story Townhouses, and 4 1BR 1 Bath flats--with the upstairs featuring private exterior balconies. Each of the 25 Units have their own carport with plenty of additional parking. There are 5 buildings on 5 separate legal lots set up as 3 Fourplexes, one 5 Unit, & one 8 Unit bldg. "Actual" Cap Rate of +-5.5 includes "Actual Sales" with June 1, 2024 sale increases. An added "perk" (in addition to being a quality investment) is that Blue Heron Gardens is located in Lake County, CA--known to be an "outdoor paradise. " For an investor from out of town, site visits would be something to look forward to! Across the street is the beautiful and expansive Clear Lake with over 68 square miles--which is CA's largest freshwater Lake. (Tahoe's larger but shared by NV). There are PICTURESQUE views, excellent restaurants, plentiful parks, and walking and hiking trails to enjoy--plus activities to watch or participate in such as camping, fishing, boating, skiing, swimming & kayaking. It is said that Clear Lake is "one of the top spots in the U. S. for fishing. " It is also known as "The Bass Capital of the West, " and has famous highly competitive local and national fishing tournaments held often--in fact, 93 remain to be held this year (per CA Fish & Wildlife). Water birds are plentiful too--including egrets, swans, BLUE HERONS, & pelicans plus Eagles are commonly seen. Bordering Napa County, Lake County is known for vineyards also--with over 9,000 acres planted, & over 30 "world class wineries" to visit. Upper Lake is just 30 miles East of Ukiah, 75 miles. Still available at ListedBuy!
Property Type:
Multi-Family Residences for Sale
Sq feet:
20,500 sq. ft.
Amenities:
Parking
For sale by:
Agent/Broker
Agent Name:
Sheryle McNamara
Posted:
April 12 on ListedBuy
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More About this Listing: 6687 Blue Heron Dr, Upper Lake, CA 95485 MLS# LC24063279
6687 Blue Heron Dr, Upper Lake, CA 95485 MLS# LC24063279 is a Two Bedroom Multi-Family Real Estate for Sale at 6687 Blue Heron Dr in Clearlake CA. Find other listings like 6687 Blue Heron Dr, Upper Lake, CA 95485 MLS# LC24063279 and listings near 6687 Blue Heron Dr by searching Oodle Classifieds for Two Bedroom Multi-Family Real Estate for Sale in Clearlake CA.
6687 Blue Heron Dr, Upper Lake, CA 95485 MLS# LC24063279 is a Two Bedroom Multi-Family Real Estate for Sale at 6687 Blue Heron Dr in Clearlake CA. Find other listings like 6687 Blue Heron Dr, Upper Lake, CA 95485 MLS# LC24063279 and listings near 6687 Blue Heron Dr by searching Oodle Classifieds for Two Bedroom Multi-Family Real Estate for Sale in Clearlake CA.