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Karen Arnold

karnold2461@gmail.com +1(209) 456-3381

$ 1,200,000

Est. payment -/mo

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6350 State Highway 193 Georgetown, CA 95634

0.93 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel-Motel

Listing Status Active

Purchase Type For Sale

MLS Listing ID 226084160

HOA Y/N No

Year Built 1984

Lot Size 0.930 Acres

Acres 0.93

Property Sub-Type Hotel-Motel

Source MLS Metrolist

Property Description

Excellent investment opportunity with Kingslike Apartments, a well-maintained 10-unit apartment complex located in the heart of Georgetown. Situated on nearly an acre with prime Highway frontage, this income-producing property offers strong rental potential in a convenient location close to local restaurants, parks, shopping, the historic saloon, and other community amenities. The property features 10 apartment units plus large manager suite, with utilities including Wi-Fi, water, sewer, garbage, and electricity currently included in the rents, providing added convenience for tenants. A new roof offers peace of mind for future ownership, and on-site management is available to assist with a smooth transition. Residents enjoy easy access to the area's many outdoor recreational opportunities, including hiking, boating, fishing, and swimming at nearby lakes just a scenic drive-up Wentworth Springs Road. Historic Coloma and the South Fork of the American River are also nearby, offering whitewater rafting, gold panning, and year-round tourism.Don't miss this outstanding opportunity to own a fully occupied investment property in the heart of Gold Country.

Location

State CA

County El Dorado

Area 12901

Direction FROM HWY 50 - - Exit Hwy 49 towards Georgetown, make right onto Hwy 193 and follow into Georgetown with property being on right before Main St intersection. FROM HWY 80 - - Exit Elm Ave in Auburn, turn left onto High Street, follow down ravine, turn right onto Hwy 49 over bridge towards Cool. Left at Hwy 193, approximately 12 miles to property on Left.

Location Details Airport Nearby,Restaurant Nearby,Shopping Nearby,Other

Interior

Heating Other

Cooling Wall Unit(s)

Flooring Other

Exterior

Parking Features Open, Private

Utilities Available Internet Available, Propane

Water Access Desc Meter on Site,Public

Roof Type Composition

Topography Level

Road Frontage Highway Exposure, Highway Frontage

Building

Sewer Septic System

Water Meter on Site, Public

Others

Senior Community No

Tax ID 061-391-038-000

Special Listing Condition None

Listed by RE/MAX GOLD

Nearby Locations

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