5180 Hill Road, Lakeport, CA 95453
Listing Presented By
Commercial Sale - Lakeport, CA
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.
Built In: 1988
Last Updated: December 30, 2016
Posted: August 3, 2016