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LOCATION... Amazing Turn Key, Duplex. Licensed Hospitality Rental/BnB
Location, Location, Location... Gorgeous Updated Mansion with ADU; Live in one unit and rent the other. Lease as a permitted Duplex OR Single-Family with Multigenerational option OR BnB. 8.5% CAP Rate (with potential to increase value), Turn-key, City Licensed for hospitality rental and/or a full-service Bed and Breakfast. Current owners successfully rent via social media. Includes real estate. All reasonable offers to be considered.
Situated in the Wine Region of the Sierra Foothills in El Dorado County. Highly desirable downtown location (walk score 98), Upside potential to add a third unit, as an additional guest house or 3rd rental unit, to this current 2-unit property.
Ideally located in Historic downtown Placerville, CA.
Value-add opportunity. Also, potential for possible wine tasting room or single-family residence with multi-generational family living option(s), many possibilities.
Owners retiring out of state – “We chose this special location; besides the charming town, it is also below the snow line and equidistant to Sacramento Int’l. Airport and Lake Tahoe.”
Conveniently walk to a variety of dining options from foodie-type restaurants to casual bars. There are 70+ vineyards nearby for delightful wine tasting adventures, as well as Apple Hill, which boasts 50+ orchards. This property is a popular destination for hosting sommeliers traveling for local wine purchases.
Can be delivered vacant upon request. Financials to be disclosed to qualified buyers.
Our sellers are motivated, as they are retiring out of state. ***Video links and photos below, please text or email for additional photos and videos.
Also, a great property for Office Use or other, walking distance to El Dorado County Superior Court, 1 mile to Marshall Hospital.
PLEASE DO NOT DISTURB OCCUPANTS – DO NOT WALK ON PROPERTY WITHOUT AN APPOINTMENT w/ LISTING AGENT: LJ Mismas
Keywords: executive lease, office, short term rental, licensed hospitality, boutique hotel, rental income, cap rate, established business, Value-add, Upside potential, Wine tasting, multifamily, apartment, guest house, multigenerational living, great 1031 tax deferred exchange, best, ADU
Listed By: Omar Kettani
Situated in the Wine Region of the Sierra Foothills in El Dorado County. Highly desirable downtown location (walk score 98), Upside potential to add a third unit, as an additional guest house or 3rd rental unit, to this current 2-unit property.
Ideally located in Historic downtown Placerville, CA.
Value-add opportunity. Also, potential for possible wine tasting room or single-family residence with multi-generational family living option(s), many possibilities.
Owners retiring out of state – “We chose this special location; besides the charming town, it is also below the snow line and equidistant to Sacramento Int’l. Airport and Lake Tahoe.”
Conveniently walk to a variety of dining options from foodie-type restaurants to casual bars. There are 70+ vineyards nearby for delightful wine tasting adventures, as well as Apple Hill, which boasts 50+ orchards. This property is a popular destination for hosting sommeliers traveling for local wine purchases.
Can be delivered vacant upon request. Financials to be disclosed to qualified buyers.
Our sellers are motivated, as they are retiring out of state. ***Video links and photos below, please text or email for additional photos and videos.
Also, a great property for Office Use or other, walking distance to El Dorado County Superior Court, 1 mile to Marshall Hospital.
PLEASE DO NOT DISTURB OCCUPANTS – DO NOT WALK ON PROPERTY WITHOUT AN APPOINTMENT w/ LISTING AGENT: LJ Mismas
Keywords: executive lease, office, short term rental, licensed hospitality, boutique hotel, rental income, cap rate, established business, Value-add, Upside potential, Wine tasting, multifamily, apartment, guest house, multigenerational living, great 1031 tax deferred exchange, best, ADU
Listed By: Omar Kettani
Background information
Year established:
1988
Reason selling:
Owners are retiring out of state.
Operations
Equipment:
N/A
Premises
Facility:
Fixtures, Furniture & Equipment (FF&E) - some may be included with sale, excluding personal items (Home Based)
Location:
Placerville, CA
Opportunities
Growth:
Conveniently Located near downtown walking, great restaurants and Apple Hill (40+ orchards), and 70+ Vineyards for yummy wine tasting and excursions in a touristy area. Potential to build, additional income producing expansion.
Price and terms
Price:
$975,000
Financing:
New Loan
Training:
Where necessary