Contacts
Matt Sarro
Aaron Frederick
Ahmed Kamil
Alex Farhang
Property Details
- Property Type Other
- Property Size 6,150 SF
- Lot Size 0.43 SF
- Year Built 1875
- Year Renovated 2018
- Date Updated May 3, 2024
Colliers is pleased to present Ridgeview Manor, a 31-bed single room occupancy community and a 6-bedroom/3-bathroom single family home all located on one .46 Acre parcel. The subject property is in a nice residential neighborhood just a stone’s throw away from Downtown Placerville. Residents benefit from being walking distance and drivability to a vast amount of employment, shopping, and dining experiences. Being well located next to Highway 50 which is a major thoroughfare through El Dorado County. This unique asset gives the next investor the opportunity to acquire a 7.41% Cap rate on actuals which is nearly impossible to find in this sub market. A new owner will be able to further enhance the cash flow by increasing rents to market rate as units turnover while also increasing income through rent increases to capture the loss-to-lease gap on longer term tenants. Please call the brokers for more information.
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Getting around
-
84/100
Walk Score ®
-
29/100
Bike Score ®
Location
- City Placerville, CA
- Zip Code 95667
- Market Sacramento
Points of Interest
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El Dorado Western Depot
4.04 miles
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Shingle Springs
8.03 miles
-
76
0.20 miles
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76
0.82 miles
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Valero
1.11 miles
-
Chevron
1.14 miles
-
Speedway
1.27 miles
-
Arco
1.59 miles
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Safeway Fuel Station
2.26 miles
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Card-Lock Fuel Station
2.74 miles
-
Chevron
3.15 miles
-
Mobil
5.07 miles
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Missouri Flat Road Park And Ride
2.28 miles
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Greenstone Barn Parking
5.03 miles
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Greenstone Road Park And Ride
5.06 miles
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Camino Heights Park And Ride
5.07 miles
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Red Hawk Overflow Parking
6.06 miles
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Reservoir Parking
6.27 miles
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Shingle Springs Drive Park And Ride
6.88 miles
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Greenstone Lotus Entrance Parking
6.95 miles
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Cosumnes River Gorge Parking
7.46 miles
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Employee Parking
8.30 miles
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Gold Country Inn
1.19 miles
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National 9 Inn
1.62 miles
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Safeway
2.19 miles
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Walmart
2.20 miles
-
Safeway
2.35 miles
-
Belair
9.96 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.