5180 Hill Road, Lakeport, CA 95453

$1,565,000 Approx. USD 0 beds, 0 baths
11,000 sqft

Agent Remarks

Lake County Investment Property. Lake County medical building. 11,000 sq. ft. medical office building adjacent to Sutter Hospital. Well maintained and in excellent condition. 90% rented. All units are individually metered and have separate heating and cooling systems. Very good rental history with great income. Building sits on just under an acre of land and has ample parking and easy access to the building. The two vacant offices are each 34 x 26 and are in move in condition. Both have large reception areas, exam offices, bathrooms and business office. The selling price is set at a 9.5% CAP rate. When fully occupied the CAP rate will exceed 10%. Due to personal issues this owner is motivated to sell this great Lake County Investment.

Listing Details

Property type: OFF (Commercial)
Status: Active
MLS# LC16020064
List price is $1,565,000 Reduced by $185,000 on 6/2/2016
Beds: 0
Baths: 0
Built in 1988
11,000 sqft
1.00 acres
Lot size: 43560.000
County: Lake
Zoning: C2
MLS area: LCLPN - Lakeport North

Last Updated: 12/29/2016

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This listing belongs to the LCLPN - Lakeport North MLS area

The listing is zoned C2.
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Lat/Long: 39.102767, -122.911407.
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Broker: Courtesy of Cps/Country Air
Listing Agent: James Magliulo

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